Google News
logo
Daily Current Affairs
Which Indian Conglomerate has acquired the financial services company, DHFL?
A)
Wockhardt
B)
SUN Pharma
C)
Lupin Limited
D)
Piramal Enterprises

Correct Answer : Option (D) - Piramal Enterprises


Piramal Enterprises led by billionaire Ajay Piramal on Wednesday(29-09-2021) announced that the acquisition of Dewan Housing Finance Corporation (DHFL) by paying the latter’s creditors Rs 38,000 crore. This includes Rs 34,250 crore to be paid by Piramal Capital and Housing Finance (PCHFL) in cash and non-convertible debentures, and Rs 3,800 crore from the cash balance of DHFL.

Published On : September 30, 2021
Advertisement