Varun Beverages Limited
The Government of Singapore, which previously held a 1.37 percent stake in Varun Beverages Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete exit or a reduction in its holding to below the 1 percent reporting threshold.
A leading beverage manufacturer and distributor in India, Varun Beverages operates as one of the world's largest franchisees of PepsiCo, a partnership spanning several decades. The company produces and distributes a comprehensive range of carbonated soft drinks, non-carbonated beverages, and packaged water under premium PepsiCo brand names including Pepsi, Mountain Dew, Mirinda, Seven-up, and Tropicana. It serves consumers across multiple regions through an extensive distribution network.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.