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Reliance Industries' arm acquires additional 9.9% equity stake in Nauyaan Shipyard

24 Jul 2025 Evaluate

Reliance Industries' step-down wholly owned subsidiary -- Nauyaan Tradings has acquired additional 9.9% equity stake in Nauyaan Shipyard from Welspun Corp (WCL), for an aggregate consideration of Rs 54.70 crore subject to adjustments, if any, for expenses to the account of WCL and net current assets.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Reliance Industries Share Price

1365.10 21.65 (1.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
Indian Oil Corp. 145.85
BPCL 312.05
HPCL 370.95
MRPL 183.20
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