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business / news / / Reuters

The company is preparing for a listing on the BSE and the National Stock Exchange in 2027.

Jubilant Bhartia Group bought a 40% stake in Hindustan Coca-Cola Beverages in 2025.

KEY POINTS
The company is preparing for a ​listing on the BSE and the National ⁠Stock Exchange in 2027, it said, ​adding that it is also exploring ​the sale of a portion of its shareholding in the unit. Sign up here. Indian conglomerate Jubilant Bhartia Group had ​completed the purchase of a 40% ​stake in Hindustan Coca-Cola Beverages in 2025. "The Coca-Cola Company ‌will ⁠stay invested in this important bottler and focus on growing our portfolio of global and local brands in India," ​said Sanket ​Ray, Coca-Cola ⁠president for India and Southwest Asia and emerging large markets ​lead. The beverage giant has been ​facing ⁠competition in India from Reliance's consumer products brand Campa Cola. Bloomberg News reported last ⁠year ​that an IPO would ​value the Coca-Cola bottling unit at $10 billion. Reporting by Gnaneshwar ​Rajan in Bengaluru; Editing by Shilpi Majumdar
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