Royal Stag is the flagship brand from Pernod Ricard India and the actors will star in a new campaign starting this month.
`I've always identified with Royal Stag's philosophy of - 'It's your life. Make it large'. I believe in giving my 100 percent to everything that I undertake,` Ranveer said in a statement.
Arjun is also `thrilled` and said he also believes in the brand's philosophy of "making each moment count, giving it all and taking chances to make it large in life."
`For me, it's important that you feel passionately about what you do and what you represent,` he added.
While Ranveer and Arjun are the latest faces of the brand, superstar Shah Rukh Khan will continue to endorse it.