Bisleri Company News: Daughter will not handle business, Bisleri will be sold for 7,000 crores

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Ramesh Chauhan won’t own any shares at all in Bisleri. The business had a profit of Rs 95 crore and revenues of Rs 1,181 crore in the year ending March 2021.

For 6,000–7,000 crores, the largest packaged water brand in the nation, Bisleri, may be sold. Tata Consumer is leading the charge in purchasing it. Owner of Bisleri Ramesh Chauhan stated that vice-president Jayanthi is not interested in taking over the company. So he wants to sell it to a reputable business.

He asserted that the Tata group will advance it by taking even better care of it. Chauhan traded Thumsup, Gold Spot, and Limca to Coca-Cola in 1993 for $60 million. The Tata group claimed that it is in talks to grow its relationship with Bisleri.

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In March 2021- 1,181 crore revenue & 95 Crore Profit

Ramesh Chauhan won’t own any shares at all in Bisleri. The business had a profit of Rs 95 crore and revenues of Rs 1,181 crore in the year ending March 2021.

Parle bought Bisleri in 1969 for 4 Lakhs

In 1969, Parle Exports paid 4 lakhs to purchase Bisleri from an Italian businessman. It was started in 1965 by Cesar Rossi in collaboration with the attorney Khushru.

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