Question

What is the stake of NIRL in the Joint Venture with

Q: Answer-What is the stake of NIRL in the Joint Venture with MAHAPREIT?

In the Joint Venture Company JVC, NIRL holds a 74 stake , while MAHAPREIT holds 26 . The responsibilities are split with NIRL handling project execution and MAHAPREIT supporting with land and power evacuation.

MAHAPREIT?

A 100%

B 51%

C 74%

D 80%

E 67%

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What is the stake of NIRL in the Joint Venture with

Solution