Varun Beverages raises Rs 300 crore via debentures
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
By PTI | Updated:
NEW DELHI: 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 per cent up from its previous close at Rs 392.85 on BSE.
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 per cent up from its previous close at Rs 392.85 on BSE.
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