Varun Beverages Limited announced that the board of directors at their meeting held on February 5, 2024, proposed final dividend of INR 1.25 per Equity Share of the nominal value of INR 5.00 each for the Financial Year ended December 31, 2023 to the shareholders of the Company on a Record Date to be fixed by the Board of Directors of the Company. The Final Dividend, if approved by the Equity Shareholders at 29th Annual General Meeting scheduled on April 3, 2024, will be paid on and from April 5, 2024 to those shareholders whose name appears in the Register of Members of the Company or in the list of beneficial owners maintained by the Depositories as on April 4, 2024.