Jubilant Bhartia’s Rs 5,650 crore NCD issue for Coke bottler stake oversubscribed 1.9x

Jubilant Bhartia Group’s Rs 5,650 crore non-convertible debenture (NCD) issue, aimed at partly funding its 40% stake acquisition in Hindustan Coca-Cola Holdings, drew strong investor interest, getting oversubscribed 1.9 times.