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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