2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Vikram Arora
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Roshni Singh
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Sanjay Tiwari
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Adar Poonawalla
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Detailed explanation-1: -Magma Fincorp has appointed Adar Poonawalla as its chairman as part of a management overhaul following the Poonawala-controlled Rising Sun Holdings acquiring a controlling stake in it. Rising Sun invested Rs 3, 456 crore in the non-bank lender earlier this month. Magma will soon be rebranded as Poonawalla Group company.
Detailed explanation-2: -Directors of MAGMA FINCORP LIMITED are BONTHA PRASADA RAO, MAYANK PODDAR, SANJAY CHAMRIA, SUNIL REWACHAND CHANDIRAMANI, VIJAYALAKSHMI RAJARAM IYER, . Current status of MAGMA FINCORP LIMITED is - Active. The information shown is as on Dec 11, 2022.
Detailed explanation-3: -A firm controlled by Indian billionaire Adar Poonawalla in 2021 bought a majority stake in the firm, formerly known as Magma Fincorp, for about $475 million.