Varun Beverages Limited has made available the audio recording of its investors and analysts conference call held on February 3, 2026, in compliance with regulatory requirements. The conference call was conducted following the declaration of the company's audited financial results for the quarter and financial year ended December 31, 2025.

Regulatory Compliance and Disclosure

The company has fulfilled its obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by providing stakeholders access to the conference call recording. The disclosure was communicated to both major stock exchanges where the company's shares are listed.

Access and Availability

The audio recording is accessible through multiple channels to ensure broad stakeholder reach. The company has provided a direct link to the recording and has also uploaded it to its corporate website for easy access by investors, analysts, and other interested parties.

Access Information:

• Direct audio link: Available on company's official communication
• Corporate website: www.varunbeverages.com
• Upload date: February 3, 2026

Corporate Communication

The disclosure was signed by Ravi Batra, Chief Risk Officer & Group Company Secretary, demonstrating the company's commitment to transparent corporate governance and timely regulatory compliance. The digital signature was applied on February 3, 2026, at 16:17:12 +05'30', ensuring proper documentation and authenticity of the communication.

This initiative reflects Varun Beverages' dedication to maintaining transparent communication with its stakeholders and providing comprehensive access to important financial discussions and management commentary on quarterly performance.

Varun Beverages has announced key capital allocation decisions during its recent concall, indicating a measured approach to expansion in new business segments.

Capital Allocation Strategy

The company has clarified that capital allocation for alcoholic beverage distribution will not be large, signaling a conservative approach to this new business vertical. This strategic decision reflects the company's focus on maintaining financial discipline while exploring growth opportunities in adjacent segments.

Overall Capital Expenditure Plans

Varun Beverages has also indicated that overall capital expenditure for the current year will be limited. This approach suggests the company is prioritizing efficient capital utilization and maintaining strong cash flow management.

Business Implications

The company's decision to limit capital allocation for alcoholic beverage distribution indicates a cautious entry strategy into this segment. By maintaining restricted overall capex, Varun Beverages appears to be balancing growth initiatives with financial prudence, ensuring sustainable expansion while preserving operational efficiency.