Varun Beverages has successfully completed the acquisition of , a South African company, through its subsidiary, Proprietary Limited. The acquisition, valued at ZAR 2,053 million (₹11,398 million), makes Twizza a step-down subsidiary of as of March 18, 2026.

The acquisition was initially announced on December 21, 2025, and has now been finalised after necessary due diligence adjustments. The transaction was conducted under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the details were previously submitted as required by the updated SEBI Master Circular.

Twizza Proprietary Limited, incorporated under South African law, is now part of Varun Beverages’ expanding portfolio, strengthening its presence in the beverage industry. This strategic move aligns with Varun Beverages’ ongoing efforts to enhance its market footprint and operational capabilities in international markets.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).