FilingReader Intelligence
Reliance acquires additional 9.9% stake in Nauyaan Shipyard
July 23, 2025 at 03:39 PM UTC•By FilingReader AI
Reliance Industries' subsidiary Nauyaan Tradings acquired an additional 9.9% equity stake in Nauyaan Shipyard Private Limited from Welspun Corp for Rs. 54.70 crore.
The transaction increases Reliance's interest in the shipyard, which is an 84% step-down subsidiary.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:RELIANCE•Bombay Stock Exchange
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