Varun Beverages Limited approved that As recommended by the Nomination and Remuneration Committee and Audit, Risk Management and Ethics Committee at their respective meetings held, Mr. Lalit Malik is appointed as a Chief Financial Officer and Key Managerial Personnel of the Company with effect from. August 4, 2023 in place of Mr. Rajesh Chawla, who will continue to discharge his responsibilities as CFO (India) of the Company.