Question

What is the consideration amount paid by the Aditya Birla Fashion and Retail (ABFRL) to acquire controlling stake (51 per cent) in TCNS Clothing?

A Rs.1380 crore Correct Answer Incorrect Answer
B Rs.1450 crore Correct Answer Incorrect Answer
C Rs.1570 crore Correct Answer Incorrect Answer
D Rs.1650 crore Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Aditya Birla Fashion and Retail (ABFRL) has entered into a definitive agreement to acquire controlling stake (51 per cent) in TCNS Clothing for Rs 1,650 crore.

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