Varun Beverages Limited has completed its strategic acquisition of a 29.99% equity stake in FPEL HR2 Energy Private Limited for Rs. 1.58 crore on April 15, 2026. The investment represents a significant step in the beverage company's renewable energy strategy, aimed at securing solar power for captive consumption across its operations.

Strategic Solar Energy Investment

The acquisition involves FPEL HR2 Energy Private Limited, which operates as a special purpose vehicle specifically engaged in generating and supplying solar power to consumers in the state of Haryana. This investment enables Varun Beverages to access dedicated solar power capacity for its manufacturing and operational requirements.

Regulatory Compliance and Documentation

The company has fulfilled all regulatory requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed disclosure documentation was previously submitted on February 3, 2026, when Varun Beverages first announced its investment intentions in the solar energy venture.

Corporate Sustainability Initiative

This acquisition aligns with the growing trend among manufacturing companies to secure renewable energy sources for their operations. By investing in solar power generation capacity, Varun Beverages aims to:

• Reduce dependency on conventional energy sources
• Optimize long-term energy costs
• Support environmental sustainability goals
• Ensure reliable power supply for manufacturing operations

Company Leadership and Execution

The transaction was formally communicated to stock exchanges by Ravi Batra, Chief Risk Officer & Group Company Secretary of Varun Beverages Limited. The company maintains its corporate office in Gurugram, Haryana, with registered office in New Delhi, positioning it strategically to benefit from the Haryana-based solar power operations.

Varun Beverages Limited has announced the receipt of its Environmental, Social, and Governance (ESG) score for FY 2025, marking a positive development in the company's sustainability reporting. The disclosure was made in compliance with regulatory requirements under SEBI listing obligations.

ESG Score Performance

SES ESG Research Private Limited has voluntarily assigned an ESG score to Varun Beverages for the financial year 2025. The assessment reflects the company's performance across environmental, social, and governance parameters.

The adjusted ESG score of 66 for FY 2025 accounts for sector-specific factors and SES ESG Research exposures, providing a more contextualized assessment of the company's ESG performance.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in conjunction with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The ESG report from SES ESG Research Private Limited was dated April 13, 2026, and received by the company at 6:03 P.M. on the same day.

Transparency and Stakeholder Access

In line with transparency practices, Varun Beverages has uploaded the ESG score information on its official website at www.varunbeverages.com , ensuring stakeholder access to this sustainability-related disclosure. The communication was signed by Ravi Batra, Chief Risk Officer & Group Company Secretary, emphasizing the company's commitment to proper governance protocols in ESG reporting.