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Subsidiary31 Aug 2026, 09:23 am

Varun Beverages Incorporates Wholly-Owned Subsidiary KIVA Spirits

AI Summary

Varun Beverages Ltd has announced the incorporation of its wholly-owned subsidiary, KIVA Spirits and Company Limited. This follows an earlier board approval on August 25, 2026, to establish a new entity in India. The company has submitted the detailed disclosure as required by SEBI regulations. This move signifies Varun Beverages' strategic expansion into new business areas, potentially related to the spirits sector.

Key Highlights

  • Varun Beverages incorporated a new wholly-owned subsidiary.
  • The subsidiary is named KIVA Spirits and Company Limited.
  • This is a strategic expansion into new business ventures.
  • The incorporation was approved by the Board on August 25, 2026.
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VBL
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Varun Beverages Ltd

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