Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 5406)

2020-03-20 National

5406.

State Bank of India entered into an agreement to acquire how much stake of Zero Mass Private Limited (Pvt Ltd)?

4.243%

6.825%

7.2%

8.745%

Answer: Option

Explanation:

State Bank of India entered into an agreement to acquire 6.825% (6,825 equity shares) stake of Zero Mass Private Limited (Pvt Ltd).The deal is to be completed by March 31, 2020.As part of the deal, the Bank sold its entire stake in A Little World Pvt Ltd to target the Zero Mass Pvt Ltd.