Varun Beverages’s board to consider stock split; share jumps 2%

Incorporated in 1995, Varun Beverages Ltd. (VBL) is a top PepsiCo bottler in India. VBL's shares rose by 2% to an intra-day high of ₹1,646.95 after announcing that the board will meet on July 30, to consider a stock split of existing equity shares with a face value of ₹5 each.