Tata Sons' subsidiary, Panatone Finvest Limited has signed a definitive agreement to pick how much per cent stake in Tejas Networks, for ₹1,850 crore?

Tata Sons' subsidiary, Panatone Finvest Limited has signed a definitive agreement to pick how much per cent stake in Tejas Networks, for ₹1,850 crore? Correct Answer 43.3

The correct answer is 43.3%.

  • Tata Sons' subsidiary, Panatone Finvest Limited has signed a definitive agreement to pick 43.3% stake in Tejas Networks, for ₹1,850 crores.
  • Tejas Networks designs, develops, and sells networking products to telecommunications service providers, internet service providers, etc.
  • The agreement also included the acquisition of up to 13 lakh equity shares of the Tejas Networks.
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