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    HomeNewsBusinessCompaniesVarun Beverages raises Rs 300 cr via debentures

    Varun Beverages raises Rs 300 cr via debentures

    PepsiCo's bottler Varun Beverages today said it has raised Rs 300 crore by issuing non-convertible debentures (NCD) to RBL Bank and Kotak Mahindra Bank on private placement basis.

    February 27, 2017 / 21:28 IST
       
       
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      PepsiCo's bottler Varun Beverages today said it has raised Rs 300 crore by issuing non-convertible debentures (NCD) to RBL Bank and Kotak Mahindra Bank on private placement basis.

      The company has raised Rs 300 crore by issue of 1,500 non-convertible debentures of Rs 10 lakh each to RBL Bank and Kotak Mahindra Bank on a private placement basis, Varun Beverages said in BSE filing.

      The debenture would be listed on National Stock Exchange (NSE).

      Shares of Varun Beverages settled 1.33 percent up from its previous close at Rs 392.85 on BSE.

      first published: Feb 27, 2017 08:02 pm

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