Date: August 17, 2026
Strategic Actions
- The merger of Twizza Proprietary Limited ("Twizza") with The Beverage Company Proprietary Limited ("Bevco") has been completed as of August 17, 2026
- Twizza was previously a step-down subsidiary of Varun Beverages Limited through Bevco
- Following the merger completion, Twizza has ceased to be a step-down subsidiary of Varun Beverages Limited
- The merger was conducted in compliance with applicable laws in South Africa
- The Board of Directors of both Bevco and Twizza had previously approved the merger on July 2, 2026
- The information was received by Varun Beverages Limited at 06:59 P.M. IST on August 17, 2026