India's largest Coca-Cola bottler, Hindustan Coca-Cola Holdings, has filed for an IPO, Reuters reports. As part of the placement, the majority shareholder will sell up to 997.5 million shares, reducing his share from 60% to 45%, while the company itself will not receive the funds raised. At the end of the fiscal year that ended in March 2026, the company's revenues fell by 9.4%, to 115.49 billion Indian rupees ($1.23 billion).

India's largest Coca-Cola bottler, Hindustan Coca-Cola Holdings, has filed for an IPO, Reuters reports. As part of the placement, the majority shareholder will sell up to 997.5 million shares, reducing his share from 60% to 45%, while the company itself will not receive the funds raised. At the end of the fiscal year that ended in March 2026, the company's revenues fell by 9.4%, to 115.49 billion Indian rupees ($1.23 billion).