Question

abrdn, a part of the promoter group of HDFC Life, is selling its entire stake in the firm as part of a block deal.The block sale would fetch abrdn _________.

A Rs.2088 crore Correct Answer Incorrect Answer
B Rs.2100 crore Correct Answer Incorrect Answer
C Rs.2234 crore Correct Answer Incorrect Answer
D Rs.2371 crore Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

abrdn, a part of the promoter group of HDFC Life, is selling its entire stake in the firm as part of a block deal. The shares will be sold between Rs 563.2 and Rs 585.15 each. The block sale would fetch abrdn Rs 2,088 crore.

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