Coca-Cola explores 2027 India listing for Hindustan Coca-Cola Holdings and plans a partial stake sale

Coca-Cola said it is exploring a 2027 public listing in India for Hindustan Coca-Cola Holdings, the parent of its largest Indian bottler, and plans to sell part of its stake. Preparations are underway for listings on the BSE and NSE, subject to market conditions and approvals, and Rothschild & Co is advising. Coca-Cola will remain an investor, and the listing would complete the refranchising of the Indian bottling business.

• Possible 2027 listing in India for Hindustan Coca-Cola Holdings (HCCH)
• HCCH's bottler, HCCB, runs 14 plants across 10 states with about 5,000 employees
• Jubilant Bhartia Group acquired a 40% stake in HCCH in July 2025
• Coca-Cola will keep an investor stake; Rothschild & Co is the adviser