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    Question

    Which automobile company recently acquire an additional

    17.41 percent stake in Swaraj Engines Ltd from Kirloskar Industries Ltd (KIL) for Rs 296 crore?
    A TATA Correct Answer Incorrect Answer
    B Maruti Suzuki Correct Answer Incorrect Answer
    C KIA Correct Answer Incorrect Answer
    D Mahindra and Mahindra Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Acquisition-Mahindra & Mahindra(M&M) Ltd will acquire an additional 17.41 percent stake in Swaraj Engines Ltd from Kirloskar Industries Ltd (KIL) for Rs 296 crore. The acquisition will result in increasing the company's stake in Swaraj Engines Ltd (SEL) to 52.13 percent from 34.72 percent. Mahindra & Mahindra Headquarters: Mumbai CEO: Anish Shah

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