FilingReader Intelligence
Reliance acquires remaining stake in Nauyaan Shipyard
August 22, 2025 at 03:49 PM UTC•By FilingReader AI
Reliance Industries' subsidiary Nauyaan Tradings has acquired the remaining 6.1% equity stake in Nauyaan Shipyard Private Limited from Welspun Corp for Rs. 45.32 crore.
The acquisition makes the shipyard a wholly-owned step-down subsidiary of Reliance Industries.
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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