VBL It was incorporated as Varun Beverages limited as on June 16, 1995, at New Delhi as a public limited company under the Companies Act, 1956. It also obtained a certificate of commencement of business as of July 4, 1995. It has also been associated with PepsiCo since the 1990s and also has over two and half decades consolidated the business association with PepsiCo, increasing the number of licensed territories and sub-territories being covered by the company, producing and distributing a wider spectrum of PepsiCo beverages, and introducing various SKUs in the portfolio, and expanding the distribution network. Also, as of the date of this Red Herring Prospectus, it has 53 Equity Shareholders.

Some of the Milestones:

• 1995: The incorporation of the Company took place as a public limited company.
• 1996: It started its operation at Jainpur.
• 1999: It started its operations in Alwar, Jodhpur, and Kosi.
• 2004: The merger of DBL with the Company according to the order of High Cthet of Delhi dated October 6, 2004.
• 2012: Also, the merger of VBIL with the Company according to the order of High Cthet of Delhi dated March 12, 2013.
• 2013: It acquired the business of manufacturing and marketing of soft drink beverages and syrup mix in Delhi, India.
• 2015:
• The Business transfer agreement via which it 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 specific territories), Himachal Pradesh, Uttarakhand, Haryana (excluding specific territories) and the Union Territory of Chandigarh.
• Also, the business transfer agreement via which it acquired PepsiCo India’s business of manufacturing, marketing, selling and distributing soft drink beverages and syrup mix in Jaipur, Bazpur, Satharia, and Panipat.
• It acquired the business of selling and distribution of soft drinks beverages and syrup mix in one district undertaking located in Punjab.
• 2016:
• It acquired the entire shareholding of Arctic International Private Limited in Varun Beverages Mozambique, Limited.
• It acquired the entire shareholding of Arctic International Private Limited in Varun Beverages (Zambia) Limited.
• The incorporation of Varun Beverages (Zimbabwe) (Private) Limited.
• The acquisition of 85% of the shareholding of VBZPL.

Some of the Achievements:

• 2009: It received BU Best Quality Plant Team Award for the production facility at Kosi.
• 2010:
• It received PepsiCo Amea Bronze Food Safety Award for the production facility at Greater Noida I.
• It received ISO 14001: 2004 certificate for the production facility at Jainpur.
• 2011:
• It received PepsiCo Amea Silver Food Safety Award for the production facility at Greater Noida I.
• It received PepsiCo Quality Excellence Bronze Award for the production facility at Kosi.
• It received ISO 14001:2004 certificate for the production facility located at Bhiwadi.
• 2012:
• It received PepsiCo Amea Gold Food Safety Award for the production facility located at Greater Noida I.
• It received an ISO 14001:2004 certificate for the production facility at Kolkata.
• 2013: It received FSSC 22000:2010 certificate for the production facility at Greater Noida I.
• 2014:
• It received OHSAS 18001:2007 certificate for the production facility at Nuh.
• It received ISO 14001: 2004 certificate f