NSEGeneral Updates1h ago · 31 Aug 2026, 09:22 am
General Updates
Varun Beverages Limited · VBL
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Varun Beverages Limited has incorporated KIVA Spirits and Company Limited as a wholly-owned subsidiary.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment7/10
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Full Announcement
Update on incorporation of KIVA Spirits and Company Limited as per details enclosed.
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VBL_31082026092155_Update.pdf
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August 31, 2026
National Stock Exchange of India Ltd. BSE Limited
Exchange Plaza, Block G, C/1, Bandra Kurla Phiroze Jeejeebhoy Towers
Complex, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001
Email: cmlist@nse.co.in Email: corp.relations@bseindia.com
Symbol: VBL Security Code: 540180
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Update on earlier disclosure dated August 25,
2026
Dear Sir / Madam,
In continuation to our earlier disclosure dated August 25, 2026 wherein we informed that the Board
of Directors of our Company had inter-alia approved the incorporation of a wholly-owned subsidiary
company in India, we would like to update that “KIVA Spirits and Company Limited”, a wholly-
owned subsidiary of our Company has been incorporated. (the above information was received today
at 9:02 A.M. IST)
The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/
14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 had already been submitted in our
earlier intimation dated August 25, 2026.
You are requested to take the above on record.
Yours faithfully,
For Varun Beverages Limited
Ravi Batra
Chief Risk Officer & Group Company Secretary