Varun Beverages raises Rs 899.99 crore via QIP
Updated : September 07, 2019 01:39 PM IST
PepsiCo India's bottling partner Varun Beverages on Saturday said it has raised Re 899.99 crore through qualified institutional placement (QIP).
The company said the QIP issue opened on September 3, 2019 and closed on September 6, 2019.
Earlier this year, Varun Beverages announced plans to acquire PepsiCo's franchise rights in southern and western India.