US-based Invesco-Oppenheimer Developing Markets Fund has agreed to pick up 11% stake in
Answer with explanationAnswer: Option C
The stake sale will be for a total consideration value of up to ₹4,224 crore. It is worth noting that the promoters led by Subhas Chandra own 35.79% of ZEEL. The proceeds will go towards paying off loans worth ₹13,000 crore.
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