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IL&FS Financial sells 94 lakh shares of Reliance Naval and Engineering

03 Jan 2018 Evaluate

IL&FS Financial Services has offloaded 94 lakh shares of Reliance Naval and Engineering. The company has sold these shares at Rs 63.02 on the NSE on January 2, 2018.

Reliance Defence and Engineering has a large ship building /repair infrastructure in India; it has one of the largest Dry Dock in the world.

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