Varun Beverages Acquires 14% Stake in Aspirative Creative Ventures for Solar Power Supply

Varun Beverages has announced the acquisition of a 14% stake in Aspirative Creative Ventures Private Limited, a special purpose vehicle (SPV) established to supply solar power to consumers in Uttar Pradesh.

The investment, amounting to ₹2.24 crore (Rupees Two Crore Twenty-Four Lakh), is aimed at securing solar power for captive consumption at VBL’s facility in Gorakhpur, Uttar Pradesh.

Investment to Enhance Renewable Energy Consumption

The acquisition aligns with Varun Beverages’ commitment to sustainability by integrating renewable energy into its operations.

The investment in Aspirative Creative Ventures is expected to ensure a steady supply of solar power to VBL’s Gorakhpur facility, reducing its carbon footprint and dependence on conventional energy sources.

Strengthening Commitment to Sustainability

By investing in solar energy, Varun Beverages strengthens its commitment to environmental responsibility while enhancing operational efficiency. This move underscores the company’s efforts to integrate clean energy solutions into its manufacturing processes.

Varun Beverages has requested stakeholders to take note of this development, reaffirming its focus on sustainable growth through renewable energy adoption.

Stocks Performance

On March 26, 2025, Varun Beverages share price traded 1.29% higher at ₹523.90 at 11:51 AM (IST). Varun Beverages’ share price reached a 52-week high of ₹682.84, and a 52-week low of ₹419.40. As per BSE, the total traded volume for the stock stood at 1.59 lakh shares with a turnover of ₹8.30 crores.

At the current price, Varun Beverages shares are trading at a price-to-earnings (P/E) ratio of 76.30x, based on its trailing 12-month earnings per share (EPS) of ₹6.86, and a price-to-book (P/B) ratio of 10.69, according to exchange data.

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