The Board of Directors of Varun Beverages Ltd in its meeting held on December 03, 2016, has, considered and approved the redemption of the Rated, Unsecured, Listed Redeemable, Rupee Denominated Non-convertible Debentures aggregating up to Rs, 3,000,000,000 (Rupees Three Billion) issued under ISIN INE200M08042.