Current Affairs · Business and Economy
In June 2025, Reliance Industries Limited (RIL), through its Ahmedabad-based affiliate Siddhant Commercials Private Limited, divested a major stake in a leading Indian paint company, marking one of India's biggest corporate transactions of the year. This deal involved SBI Mutual Fund Limited (SBIMFL) as the acquirer. Which company did RIL sell a 3.64% stake in, amounting to approximately Rs. 7,703 crore?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Asian Paints✓
- 2Berger Paints
- 3Nippon Paint India
- 4Akzo Nobel India
Correct answer
Asian Paints
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