Varun Beverages gets nod to raise capital up to Rs 1,500 crore through QIP
26th Feb 2019

Varun Beverages has received an approval to raise capital up to Rs 1,500 crore through Qualified Institutions Placement (QIP). The Board of Directors of the company in their meeting held on February 26, 2019, approved the same.

Varun Beverages is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA).