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      Question

      In April 2026, the Competition Commission of India (CCI)

      approved Advent International Corporation’s proposal to acquire a stake in Aditya Birla Housing Finance Limited (ABHFL). What is the percentage of stake to be acquired?
      A 10.000% Correct Answer Incorrect Answer
      B 12.500% Correct Answer Incorrect Answer
      C 14.286% Correct Answer Incorrect Answer
      D 15.000% Correct Answer Incorrect Answer
      E 20.000% Correct Answer Incorrect Answer

      Solution

      In April 2026, the Competition Commission of India (CCI) approved the proposal of Advent International Corporation to acquire a 14.286% stake in Aditya Birla Housing Finance Limited (ABHFL), a wholly-owned subsidiary of Aditya Birla Capital Limited (ABCL), through a preferential issue. As per the proposed arrangement, Indriya Limited will acquire equity shares amounting to 14.286% of the post-issue paid up equity share capital of ABHFL on a fully diluted basis.

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