Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 549)

2022-11-11 Economy

549.

LIC has increased its shareholding in Voltas by buying an additional 2 per cent stake by acquiring shares worth how much through open market transactions?

Rs. 535 crore

Rs. 635 crore

Rs. 935 crore

Rs. 735 crore

Answer: Option

Explanation:

LIC buys an additional stake in Voltas for Rs 635 crore. Life Insurance Corporation of India (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake.