VARUN BEVERAGES LTD : EXPANDS DISTRIBUTION INTO ZIMBABWE

• Varun Beverages (Zimbabwe) (Private) Limited, a subsidiary of the company, entered into an Exclusive Distribution Agreement with Mondelez South Africa Proprietary Limited. • The agreement is effective from October 1, 2026, for the exclusive distribution of chocolate, biscuit, candy, and gum products of Mondelez in Zimbabwe. • The company stated that no capex is envisaged, and they aim to leverage their existing distribution network. • Impact: Positive (Expansion into new territory for distribution of Mondelez products)

Varun Beverages Limited

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