The Company was incorporated as Varun Beverages Limited on June 16 1995 at New Delhi as a public limited companyunder the Companies Act 1956. the Company obtained a certificate of commencement of business on July 4 1995. We have been associated with PepsiCo since the 1990s and have over two and half decades consolidated the business association with PepsiCo increasing the number of licensed territories and sub-territories covered by us producing and distributing a wider range of PepsiCo beverages introducing various SKUs in the portfolio and expanding the distribution network. As of the date of this Red Herring Prospectus the Company has 53 Equity Shareholders.Major events and milestones of the Company :The table below sets forth the key events in the history of the Company:1995-Incorporation of the Company as public limited company1996-Started operation at Jaipur1999-Started operations in Alwar Jodhpur and Kosi2004-Merger of DBL with the Company pursuant to the order of High Cthet of Delhi dated October 6 20042012-Merger of VBIL with the Company pursuant to the order of High Cthet of Delhi dated March 12 20132013-The Company acquired the business of manufacturing and marketing of soft drink beverages and syrup mix in Delhi India2015-Business transfer agreement through which the Company acquired PepsiCo India’s business of manufacturing marketing selling and distributing soft drink beverages and syrup mix in the Indian states of Uttar Pradesh (excluding certain territories) Uttarakhand Himachal Pradesh Haryana (excluding certain territories) and the Union Territory of Chandigarh-Business transfer agreement through which the Company acquired PepsiCo India’s business of manufacturing marketing selling and distributing soft drink beverages and syrup mix in Bazpur Jainpur Satharia and Panipat-The Company acquired the business of selling and distribution of soft drinks beverages and syrup mix in one district undertaking situated in Punjab2016-The Company acquired entire shareholding of Arctic International Private Limited in Varun Beverages Mozambique Limited.-The Company acquired entire shareholding of Arctic International Private Limited in Varun Beverages (Zambia) Limited-Incorporation of Varun Beverages (Zimbabwe) (Private) Limited-Acquisition of 85% of the shareholding of VBZPL Awards and certifications received by the Company :The table below sets forth the key awards and certifications received by the Company:2009-The Company received BU Best Quality Plant Team Award for the production facility at Kosi.2010-The Company received PepsiCo Amea Bronze Food Safety Award for the production facility at Greater Noida I.-The Company received ISO 14001: 2004 certificate for the production facility at Jainpur.2011-The Company received PepsiCo Amea Silver Food Safety Award for the production facility at Greater Noida I.-The Company received PepsiCo Quality Excellence Bronze Award for the production facility at Kosi.-The Company received ISO 14001:2004 certificate for the production facility at Bhiwadi.2012-The Company received PepsiCo Amea Gold Food Safety Award for the production facility at Greater Noida I.-The Company received ISO 14001:2004 certificate for the production facility at Kolkata.2013-The Company received FSSC 22000:2010 certificate for the production facility at Greater Noida I.2014-The Company received OHSAS 18001:2007 certificate for the production facility at Nuh.-The Company received ISO 14001: 2004 certificate for the production facility at Nuh.-The Company received CII National Award for Food Safety for the production facility at Nuh.2015-The Company received FSSC 22000 certificate for the production facilities at Goa Greater Noida II and Kolkata.-The Company received ISO 14001:2004 OHSAS 18001:2007 and ISO 9001:2008 certificates for the backward integration facility at Alwar.-The Company received ISO 22000:2005 and ISO 9001:2008 certificates for the backward integration facility at Jaipur.-The Company received AIB International certificate for the production facilities at Bhiwadi Goa Jainpur Bazpur Greater Noida II Kolkata Satharia Kosi and Greater Noida I
Name | Position |
---|---|
Mr. Ravi Kant Jaipuria | Non Executive Chairman |
Mr. Varun Jaipuria | Exe.Vice Chairman & Whole Time Director |
Mr. Raj Pal Gandhi | Executive & Wholetime Director |
Mr. Rajinder Jeet Singh Bagga | Executive & Wholetime Director |
Ms. Sita Khosla | Ind. Non-Executive Director |