New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Titan Company Limited will buy an additional 27.1

    percent stake in CaratLane, for a total consideration of ________.
    A Rs.3767 crore Correct Answer Incorrect Answer
    B Rs.3945 crore Correct Answer Incorrect Answer
    C Rs.4621 crore Correct Answer Incorrect Answer
    D Rs.4890 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Titan Company Limited will buy an additional 27.1 percent stake in CaratLane, for a total consideration of Rs 4,621 crore. Upon completion of the deal, Titan will hold 98.28 percent of equity in CaratLane.

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