Varun Beverages begins commercial production at new Meghalaya facility
Varun Beverages Limited (VBL) has commenced commercial production of carbonated soft drinks and juice-based beverages at its new facility located in Mendipathar, Meghalaya, the company informed stock exchanges on Thursday.
The production began on the night of May 28, 2025, at 10:35 PM, marking a significant operational expansion for one of the largest franchisees of PepsiCo beverages in India.
In an official filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company stated that the new plant is now operational and will manufacture both carbonated drinks and juice-based products, catering to demand in the northeastern region.
The update has also been made available on the company's official website — www.varunbeverages.com.
This development is expected to strengthen VBL's regional supply chain footprint, improve logistics efficiency, and support its growth strategy in underserved and high-potential markets across Northeast India.
News desk at BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
an hour ago
- Business Upturn
Yogi receives Rs 46.21 crore purchase orders from Companion Vinimay Trading
By Aditya Bhagchandani Published on July 21, 2025, 19:30 IST Yogi Limited announced on Monday (July 21, 2025) that it has secured fresh purchase orders worth approximately ₹46.21 crore from Companion Vinimay Trading Private Limited. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the company's filing with BSE, the orders cover the supply and delivery of a complete set of industrial equipment, which includes: Structure Assembly Head Assembly Rotary Table & Electrical Accessories Tool Changer & Additional Axis Accessories The company informed that the purchase orders were awarded by a domestic entity and are expected to be executed within approximately 15 days. The orders carry standard terms relating to quality, delivery schedule, and mutually agreed pricing. Yogi Limited also clarified that neither the promoter group nor related parties have any interest in the contracting entity, and the transaction does not qualify as a related party transaction. The order value of ₹46.21 crore is exclusive of taxes. Commenting on the development, Managing Director Ghanshyambhai Nanjibhai Patel signed off the announcement from the company's Mumbai office, indicating the company's commitment to timely execution. This order strengthens Yogi Limited's industrial equipment segment and is expected to contribute positively to its near-term revenues. Disclaimer: The information provided is based on company filings and is intended for informational purposes only. Investors are advised to do their own research or consult a financial advisor before making any investment decisions. Neither the author nor the publisher is responsible for any actions taken based on this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
an hour ago
- Business Upturn
Arvind SmartSpaces appoints Priyansh Kapoor as Whole Time Director & CEO for five years
By Aditya Bhagchandani Published on July 21, 2025, 18:44 IST Arvind SmartSpaces Limited announced on July 21, 2025, that its Board of Directors has approved the appointment of Mr. Priyansh Kapoor as Whole Time Director & CEO, effective from August 9, 2025, for a term of five years. The appointment is subject to shareholders' approval, as per applicable provisions of the Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated this development to the BSE and NSE, citing the recommendation of its Nomination and Remuneration Committee. The appointment was disclosed in compliance with Regulation 30 of the SEBI Listing Regulations. Brief profile of Mr. Priyansh Kapoor: Mr. Kapoor brings over 16 years of experience in leadership roles, mainly in the real estate sector. He began his career at Godrej Properties Limited (GPL) in sales and marketing, rising to become General Manager – Sales & Marketing. Later, he joined The Wadhwa Group as Head of Sales, Marketing & CRM, driving significant growth. In 2019, he moved to Godrej Housing Finance as Head of Business Development & Strategy and, since 2020, has been CEO – Mumbai Zone at GPL, where he contributed to making GPL the second-largest residential developer in MMR by booking value. He holds a Post Graduate Diploma in Management from Xavier Institute of Management. The company also confirmed that Mr. Kapoor is not related to any other director of Arvind SmartSpaces and is not debarred from holding office under any SEBI or other authority's order. For further details, the company has submitted the prescribed disclosure as per SEBI regulations. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Yahoo
4 hours ago
- Yahoo
US automakers exempted from fines for fuel efficiency non-compliance
US regulators have waived fines for automakers failing to meet fuel efficiency standards dating back to the 2022 model year, following a new law signed by President Donald Trump. This move, part of a tax and budget bill, puts an end to fines under the Corporate Average Fuel Economy (CAFE) rules established by a 1975 energy law. In a letter obtained by Reuters, the National Highway Traffic Safety Administration (NHTSA) has informed automakers that it is re-evaluating its fuel economy regulations. The move aligns with other measures from Washington aimed at easing the production of gasoline vehicles and increasing the cost of electric vehicle (EV) sales. In the past, non-compliance with US fuel economy requirements has led to significant penalties for automakers. Stellantis, the parent company of Chrysler, incurred a $190.7m civil penalty for the 2019 and 2020 model years, adding to around $400m in fines from 2016 to 2019. Previously, General Motors (GM) paid $128.2m for 2016 and 2017. President Trump's recent actions also include nullifying California's goal to phase out gasoline-only vehicle sales by 2035. Meanwhile, Tesla has benefited from the situation, earning $2.8bn globally from regulatory credits through the sale of zero-emission EVs. The legislation signed this month by Trump states that vehicle fines will be eliminated for any year where NHTSA has not completed its rulemaking process. Center for Biological Diversity's Safe Climate Transport Campaign director Dan Becker expressed disapproval of the decision, stating: "The Trump administration is reaching back in time to give an obscene gift to pollution law violators GM and Stellantis at the expense of the American taxpayer. 'The automakers lobbied hard for this 'get out of jail free' card. They get hundreds of millions in fines cancelled." GM and Stellantis have yet to respond to the development. Senate Republicans estimates that the law could 'save automakers' around $200m. The NHTSA under President Joe Biden proposed in 2023 to increase fuel economy standards through 2032, which would have cost the industry an estimated $14bn in fines, including $6.5bn, $3bn, and $1bn for GM, Stellantis, and Ford Motor, respectively. However, the final rule adopted last year significantly reduced these requirements, capping potential industry fines at $1.83bn from 2027 through 2031. "US automakers exempted from fines for fuel efficiency non-compliance" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
