Varun Beverages Share Price in Focus; Incorporates KIVA Spirits and Company

Varun Beverages has taken the next step in setting up KIVA Spirits and Company Limited, with the new entity now incorporated as a wholly owned subsidiary. 

The company confirmed the development on August 31, following the board's decision earlier this month to set up the subsidiary.  

KIVA Spirits Now Incorporated 

The incorporation was confirmed by Varun Beverages on August 31. The new company is fully owned by Varun Beverages and has been incorporated in India.  

This follows the August 25 announcement in which the board had approved the creation of the new subsidiary. With the incorporation now completed, the company has moved from the approval stage to having the new entity in place.  

Next Steps Yet to Be Detailed 

The latest update is brief and does not spell out what KIVA Spirits will do, how much Varun Beverages plans to invest in it or when the new entity is expected to begin its activities. 

For now, the confirmed development is the incorporation itself. Any further details on the subsidiary's plans will have to come through subsequent updates from the company.  

About Varun Beverages  

Varun Beverages is one of PepsiCo's largest franchisees outside the US and has been associated with the beverage major since the 1990s. It manufactures, distributes and sells a wide range of the carbonated and non-carbonated beverages, along with packaged drinking water.  

Its portfolio includes Pepsi, Mountain Dew, Sting, Seven-Up, Mirinda, Gatorade and Aquafina. The company has also built a sizeable distribution and manufacturing network across India and several international markets.  

Read More: Prataap Snacks Share Price in Focus; Completes ₹15.45 Crore Acquisition of RLOP Food Processing! 

Varun Beverages Share Price Performance  

As of 31 August 2026, at 1:17 PM, Varun Beverages Ltd share price is trading at ₹410.75 per share, reflecting a decline of 0.79% from the previous trading session. 

Conclusion 

KIVA Spirits and Company Limited is now part of the Varun Beverages group as a wholly owned Indian subsidiary. The company has yet to provide further details about its operations or plans.  

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