New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Jindal Stainless (JSL), has completed the acquisition of

    Jindal United Steel (JUSL) by acquiring the remaining 74% stake for________ 
    A Rs.874 crore Correct Answer Incorrect Answer
    B Rs.898 crore Correct Answer Incorrect Answer
    C Rs.923 crore Correct Answer Incorrect Answer
    D Rs.958 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Jindal Stainless (JSL), has completed the acquisition of Jindal United Steel (JUSL) by acquiring the remaining 74% stake for Rs 958 crore.Following the transaction, JUSL has become a wholly-owned subsidiary of JSL.

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