📌 Detailed Report
Varun Beverages Limited (VBL), one of the largest franchisees of PepsiCo globally, has officially announced the Record Date for its Final Dividend for the financial year ended December 31, 2024.
📅 The Record Date is set for Friday, April 4, 2025. Shareholders whose names appear in the company’s Register of Members or as beneficial owners in depositories on this date will be eligible to receive the dividend.
💰 Dividend Payout: The company has recommended a final dividend of ₹0.50 per equity share with a face value of ₹2 each. The final dividend will be subject to approval at the 30th Annual General Meeting (AGM) scheduled for Thursday, April 3, 2025.
🗓 Payout Date: Upon approval, the dividend will be disbursed from April 7, 2025.
The company communicated this development to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) through an official intimation under Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
📢 Key Highlights (Pointwise Summary)
🔹 Record Date Announced – April 4, 2025, fixed as the Record Date for final dividend eligibility.
🔹 Dividend Details – Rs. 0.50 per equity share of face value Rs. 2.
🔹 Shareholder Approval – To be finalized in the 30th AGM on April 3, 2025.
🔹 Payment Date – Dividend to be disbursed from April 7, 2025.
🔹 Eligibility Criteria – Shareholders listed in the company’s register or depository as of April 4, 2025.
📈 Market Impact: How Will This Affect VBL’s Share Price?
✅ Short-term Gains:
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Investors often accumulate shares before the record date to qualify for dividends, leading to a potential price surge in the short term.
❌ Post Dividend Dip:
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After the record date, the share price may see a marginal dip as it adjusts for the dividend payout.
🚀 Long-term Outlook:
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Since VBL operates in the beverage sector with steady growth, the dividend payout signals financial stability, possibly attracting long-term investors.
🏢 About Varun Beverages Limited (VBL)
Varun Beverages Limited (VBL) is a leading beverage manufacturer and distributor, serving as a key bottling partner for PepsiCo. The company operates across India and international markets, producing carbonated soft drinks, packaged drinking water, and non-carbonated beverages.
🔹 Industry: FMCG – Beverages
🔹 Founded: 1995
🔹 Key Products: Pepsi, Mountain Dew, Mirinda, Tropicana, Aquafina
🔹 Market Position: Among the largest PepsiCo franchisees globally
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
