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  • 2002 Current Affairs and General Knowledge
  • The swap ratio fixed for RIL, RPL merger is
Multiple choice

The swap ratio fixed for RIL, RPL merger is

  1. 1 : 2

  2. 1 : 6

  3. 1 : 9

  4. 1 : 11

  5. 1 : 3

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The RIL (Reliance Industries Limited) and RPL (Reliance Petroleum Limited) merger had a swap ratio of 1:11. This meant shareholders received 1 share of RIL for every 11 shares of RPL held.

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