# Varun Beverages stock rose 3% in Friday's trade.

*business · news · 2026-05-22 · Business Standard*

## Key points

- Varun Beverages extended its exclusive PepsiCo bottling license in India until April 30, 2049.
- The revised agreement removes the restriction limiting Varun Beverages to only PepsiCo-related activities.
- Varun Beverages can now diversify its business beyond PepsiCo’s bottling operations under the new agreement.
- Net realization per case rose 1.6% consolidated, despite a 1.5% drop in India's net realization.

**Companies:** PepsiCo Inc, Varun Beverages
**Countries:** India, Nepal, Sri Lanka, Morocco, Zambia, Zimbabwe, South Africa, Lesotho, Eswatini, DRC, Namibia, Botswana, Mozambique, Madagascar

[Read the full story on Business Standard](https://www.business-standard.com/markets/news/varun-beverages-hits-52-week-high-gains-3-on-pepsico-deal-extension-126052200683_1.html)

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