Coke's planned 2027 listing of Hindustan Coca-Cola Holdings (~Rs 8,500 cr) will progressively hand bottling control to Jubilant Bhartia, which already paid Rs 10,000 cr for 40%. The shift mirrors the PepsiCo-Varun Beverages model as HCCB profits slid 73% to Rs 757 cr amid Campa Cola's 10-15% share grab.

NDTV Profit · 6/2/2026, 11:12:26 AM

Coca-Cola is exploring a 2027 dual listing of Hindustan Coca-Cola Holdings on BSE and NSE with a partial stake sale, advised by Rothschild. HCCB runs 14 bottling plants across 10 states, 8 co-packers, 2,000 distributors and 1.7M customers. Follows Jubilant Bhartia's July 2025 acquisition of a 40% stake in HCCH.

The Hindu BusinessLine · 6/2/2026, 3:58:41 AM

Coca-Cola is exploring a BSE/NSE listing of its largest India bottler, Hindustan Coca-Cola Beverages, by 2027 and may pare its stake. Move follows Jubilant Bhartia's 40% buy in 2025 and intensifying competition from Reliance-backed Campa Cola in India's beverage market.

The Hindu BusinessLine · 6/2/2026, 12:47:44 AM