Varun BeveragesLeadership
Varun BeveragesVarun Beverages VBL · NSE, BSE

Varun Beverages Leadership: founders, CEO and board

Reviewed by the editorial team · Updated 5 Nov 2026 · Last verified 5 Nov 2026 · 1 min read
Quick answer

VBL is led by chairman Ravi Kant Jaipuria and executive vice chairman Varun Jaipuria 15.

Founded1995, Delhi
StatusListed
Listed onNSE, BSE: VBL

Top team

Name Role
Ravi Kant Jaipuria Chairman 15
Varun Jaipuria Executive vice chairman 15
Raj Pal Gandhi Whole-time director 15
Pankaj Madan Chief financial officer, reported in July 2025 17

Family

Varun Jaipuria, after whom the company is named, is Ravi Jaipuria's son 1. Both are also among the largest shareholders, with 16.71% and 15.43% 6.

Changes

Kapil Agarwal resigned as whole-time director on 1 November 2022, citing personal reasons 16. Pankaj Madan's appointment as CFO was reported in July 2025 by a secondary source and should be checked against the exchange filing 17.

Management view

On the February 2026 earnings call management described competition as intense and pointed to heavy discounting in the market, without naming rivals 15. It also said the India business was net debt free at the end of 2025 15.

Strategy

Under the current team VBL has expanded in Africa, adding Twizza in South Africa and a business in Kenya in 2026, and secured a PepsiCo India licence to April 2049 24314.

Gaps

We did not confirm a current chief executive title from a filing.

Frequently asked questions

Ravi Kant Jaipuria.
Ravi Jaipuria's son, after whom the company is named, and its executive vice chairman.
Sources✓ Verified 5 Nov 2026
1 Forbes, Ravi Jaipuria (Real-Time Billionaires), 5 Nov 2026, Ravi Jaipuria 2 Varun Beverages, Q4 and CY2025 financial results, 3 Feb 2026, CY2025 results 3 Varun Beverages / BSE, Q3 and 9M CY2026 financial results, 30 Oct 2026, Q3 CY2026 results 4 Wikipedia, Ravi Jaipuria, 6 Nov 2026, background 5 Trendlyne, Varun Beverages shareholding, 30 Sep 2026, shareholding 6 Voguestock, Varun Beverages shareholding pattern, 30 Sep 2026, promoter split 7 Varun Beverages, About us, 6 Nov 2026, history, brands 8 Business Standard, Varun Beverages rises on territory acquisition, 21 Feb 2019, South and West territories 9 Chittorgarh, Varun Beverages IPO, 1 Nov 2016, IPO 10 Business Today, Multibagger stock with bonus issues and splits, 1 Apr 2026, bonus issues, splits 11 Varun Beverages, Q4 and CY2024 press release, 10 Feb 2025, CY2024 results, BevCo 12 Business Standard, Varun Beverages to enter alcoholic drinks segment, 29 Oct 2025, alcoholic drinks 13 Free Press Journal, Varun Beverages Q3 CY2026 profit rises 14% to ₹831 crore, 30 Oct 2026, Q3 CY2026 14 DSIJ, Varun Beverages reports 20% revenue growth, extends PepsiCo pact, 28 Jul 2026, Q2 CY2026, PepsiCo licence 15 AlphaStreet, Varun Beverages earnings call transcript, 4 Feb 2026, earnings call 16 MarketScreener, Varun Beverages approves resignation of Kapil Agarwal, 1 Nov 2022, Kapil Agarwal 17 NewsBytes, Varun Beverages stock climbs on CFO appointment, 30 Jul 2025, CFO 18 IIFL, Varun Beverages management discussion, 1 Jan 1970, CY2025 MD&A 19 Kotak Neo, Varun Beverages shares in focus after Q3 CY26 results, 30 Oct 2026, Q3 CY2026, new franchises 20 FoodBusinessMEA, Hindustan Coca-Cola Beverages reports 73% profit decline in FY25, 1 Jan 1970, HCCB results 21 Mint, Varun Beverages ramping up capacity amid a pricing war, 21 Mar 2025, Campa pricing 22 ICICI Direct, Cola war is back: impact on Varun Beverages, 17 Mar 2023, Campa impact 23 ThePrint (Reuters), Varun Beverages to enter South Africa with $159 million deal, 19 Dec 2023, BevCo 24 Varun Beverages / NSE, Press release, 27 April 2026, 27 Apr 2026, Q1 CY2026, Twizza 25 Arthneeti (company filing), Varun Beverages disclosure under Regulation 30, 30 Sep 2026, Crickley Dairy 26 Business Standard, Varun Beverages launches QIP to raise up to Rs 7,500 crore, 14 Nov 2024, QIP 27 Upstox, Varun Beverages Q3 net profit jumps 14%, 30 Oct 2026, Q3 CY2026 28 InvestyWise, Varun Beverages Q3 and 9M CY2026 results presentation, 30 Oct 2026, Q3 presentation 29 StockAnalysis, Varun Beverages statistics, 2 Sep 2026, market value 30 The Himalayan Times, DRI seeks Rs 1.95bn from Varun Beverages, 20 Dec 2019, Nepal tax case 31 Business Today, Sin tax effect: Varun Beverages shares lose fizz, 4 Sep 2025, GST Report a correction

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