From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Hindustan Coca-Cola Holdings files draft papers with SEBI for IPO
What's behind this
Hindustan Coca-Cola Holdings has submitted a draft red herring prospectus to SEBI, seeking approval for an initial public offering. The filing indicates that the IPO will consist solely of an offer for sale by its promoter, Hindustan Coca-Cola Overseas Holdings Pte Ltd, of up to 99,74,61,456 equity shares. The company aims to raise funds through this public offering.
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Hindustan Coca-Cola Holdings files draft papers with market regulator with SEBI.
— NDTV
RSS excerpt
Proposed IPO to be entirely an offer for sale of up to 99,74,61,456 equity shares by promoter Hindustan Coca-Cola Overseas Holdings Pte Ltd