Two years ago, the Goenkas were able to fend off a challenge from activist shareholder Invesco which had tried to remove Goenka as MD and CEO because of weak leadership and poor corporate governance standards at Zee
Bevco has franchise rights from PepsiCo Inc. in South Africa, Lesotho and Eswatini. Further, it also has distribution rights for markets like Namibia and Botswana
By entering new territories, PepsiCo India bottling partner Varun Beverages has unleashed strong growth momentum. And it believes the party's just getting started - Issue Date: Dec 10, 2023