Varun Beverages shares are in focus following the incorporation of White Peak Refrigeration Pvt Ltd, a joint venture for manufacturing visi-coolers and refrigeration equipment. VBL also announced an investment in Jager Renewables Two Pvt Ltd to acquire up to 26% equity for solar power supply to its Rajasthan facilities.
Varun Beverages
Varun Beverages Acquires PepsiCo India’s Franchise In Jharkhand
Varun Beverages Acquires PepsiCo India’s Franchise In Jharkhand
Shares of the Gurgaon-based beverage maker fell 1 percent to Rs 603.60.
The company has acquired PepsiCo India’s previously franchised sub territory in Jharkhand along with one manufacturing unit at Jamshedpur, Varun Beverages said in an exchange filing.