Market Chatter: Diageo to Reformulate Whisky, Rum Drinks in India Amid Partial Ban Over Breach of Flavoring Rules

12:13 AM EDT, 08/18/2026 (MT Newswires) -- Diageo (DGE.L) is offering to reformulate some of its whisky and rum drinks in India after being banned in some states over violations of flavoring regulations, Reuters reported Monday, citing two Indian government sources. The unnamed sources said the Food Safety and Standards Authority of India might lift the ban on the British alcoholic beverage company's products, contingent on the company's commitment. The changes in formulation will be applied to products sold across the country, not just in the states included in the ban, one of the government sources noted. Diageo's India-listed unit United Spirits and the regulator did not immediately respond to requests for comments from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)