The presence of a large corporate group is likely to boost investor interest ahead of the IPO, sources added.
"With its diverse experience in various sectors, Jubilant brings decades of rich experience that will help accelerate the Coca-Cola system, enabling us to win in the market and provide greater value to consumers," Sanket Ray, president, Coca-Cola India, said.
Shyam S Bhartia, founder and chairman, and Hari S Bhartia, founder and co-chairman of the Jubilant Bhartia Group, said the investment was an "ideal addition" to their business.
This story is from the December 12, 2024 edition of Financial Express Lucknow.
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This story is from the December 12, 2024 edition of Financial Express Lucknow.
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