F&BSGThe Business of F&B.Coca-Cola India bottler files for IPO through promoter share sale
Hindustan Coca-Cola Holdings filed draft papers for an IPO comprising an offer for sale of up to 997.5 million shares by its promoter. There is no fresh issue, so the company will not receive proceeds; Coca-Cola owns 60% and Jubilant Beverages owns 40%.
What happened
Hindustan Coca-Cola Holdings filed draft papers for an IPO comprising an offer for sale of up to 997.5 million shares by its promoter. There is no fresh issue, so the company will not receive proceeds; Coca-Cola owns 60% and Jubilant Beverages owns 40%.
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