VARUN BEVERAGES LIMITED
Nishant Kandpal is an experienced professional in the field of cybersecurity, currently serving as a Cyber Security Manager at Varun Beverages Limited since July 2025. Prior to this role, Nishant held the position of Information Security Manager at Dalmia Bharat Limited from July 2023 to July 2025. Nishant also worked as a Senior Security Consultant at eSec Forte® Technologies from November 2022 to June 2023 and as a Senior Security Analyst at Inspira Enterprise between May 2021 and October 2022. Previously, Nishant was a Specialist at HCL Technologies from November 2015 to May 2021. Nishant holds a Master of Computer Applications (MCA) in Computer Science from Guru Gobind Singh Indraprastha University, completed in January 2014.
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VARUN BEVERAGES LIMITED
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• Varun Beverages Limited (“VBL” or the “Company”) is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA). • VBL has been associated with PepsiCo since the 1990s and have over two and half decades consolidated its business association with PepsiCo, increasing the number of licensed territories and sub-territories covered by the Company, producing and distributing a wider range of PepsiCo beverages, introducing various SKUs in the portfolio, and expanding the distribution network. • The Company manufactures, distributes and sells a wide range of carbonated soft drinks (CSDs), as well as a large selection of non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo. • PepsiCo CSD brands produced and sold by VBL include Pepsi, Pepsi Black, Mountain Dew, Sting, Seven-Up, Mirinda Orange, Seven-Up Nimbooz Masala Soda and Evervess. PepsiCo NCB brands produced and sold by the Company include Tropicana Slice, Tropicana Juices (100% and Delight), Seven-Up Nimbooz, Gatorade as well as packaged drinking water under the brand Aquafina. • VBL has been granted franchisees for various PepsiCo products across 27 States and 7 Union Territories in India (responsible for ~90% beverage sales volume of PepsiCo India). VBL has also been granted the franchise for the territories of Nepal, Sri Lanka, Morocco, Zambia and Zimbabwe. India is the largest market and contributed ~80% of revenues from operations (net) in Fiscal 2022. • VBL is part of the RJ Corp group, a diversified business conglomerate with interests in beverages, quick-service restaurants, ice-creams and healthcare. VBL’s Promoter and Chairman Mr. Ravi Jaipuria has an established reputation as an entrepreneur and business leader and is the only Indian to receive PepsiCo’s International Bottler of the Year award, which was awarded in 1997.