Which of the following finance institute has acquired over 23 per cent stake in Shree Maheshwar Hydel Power Corp

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Ajcon Global Services Ltd
B	Allied Stock Investors Ltd.
C	Blue Chip India Ltd
D	Power Finance Corporation

Explanation:

Detailed explanation-1: -NEW DELHI: In the wake of loan default worth Rs 700 crore, Power Finance Corp today said it has acquired over 23 per cent stake in Shree Maheshwar Hydel Power Corp by invoking pledged shares and partially converting debt into equity.

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