Part of RJ Corp
RJ Corp
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 5 stories, the newest dated 15 Sept 2026. Summary written 3 Oct 2026.
RJ Corp is a business group whose Varun Beverages unit has been PepsiCo's bottler for nearly three decades. [1] source: ET Small Business
Show 3 more paragraphs and 5 sources
ET Small Business reported that Varun Beverages can diversify under a new PepsiCo agreement. [1] source: ET Small Business Devyani International is described as RJ Corp's KFC and Pizza Hut franchisee, and it operates 500 KFC and Pizza Hut stores. [2] source: Devyani International[3] source: Devyani International
In September 2026, RJ Corp formed a joint venture with Carnation Hotels, a Lemon Tree Hotels subsidiary, to develop Aurika Shillong. [4] source: The Hindu BusinessLine RJ Corp will take 49% of the project company Arum Hotels, while Carnation retains 51%. [4] source: The Hindu BusinessLine RJ Corp will subscribe to 47,65,394 fresh equity shares with a face value of ₹10 per share. [4] source: The Hindu BusinessLine In July 2026, RJ Corp hired former Diageo executive Prathmesh Mishra as it explores entering premium alcoholic drinks. [1] source: ET Small Business It is also exploring the purchase of Bira 91 founder Ankur Jain's 17.8% stake. [1] source: ET Small Business
In June 2026, Devyani International planned a Rs 1,000 crore investment over five years to add 150-200 stores per brand. [2] source: Devyani International KFC India is selling 61 company-owned restaurants in Karnataka, AP and Telangana to Devyani. [5] source: Devyani International Yum! Brands has acquired a minority stake in Devyani. [3] source: Devyani International
Sources
- RJ Corp hires ex-Diageo executive Prathmesh Mishra for drinks expansion
- Devyani International to deploy Rs 1,000 cr pre-IPO, eyes 150-200 new stores per brand
- Yum! takes minority stake in Devyani International; Rs 1,000 cr capex to double KFC, Pizza Hut footprint
- KFC India sells 61 South India outlets to Devyani International, deepening Yum!'s asset-light pivot
Questions about RJ Corp
What are RJ Corp's expansion plans?
RJ Corp is expanding into hotels through a joint venture to develop Aurika Shillong in Shillong, announced in September 2026, where it will hold 49% of project company Arum Hotels. [4] source: The Hindu BusinessLine
What is RJ Corp's current strategy in India?
In September 2026, RJ Corp formed a joint venture with Carnation Hotels to develop Aurika Shillong, taking 49% of Arum Hotels. [4] source: The Hindu BusinessLine In July 2026, it hired ex-Diageo executive Prathmesh Mishra while exploring premium alcoholic drinks and a purchase of Ankur Jain's 17.8% Bira 91 stake. [1] source: ET Small Business