Archive · 24 Jul 2025
Reliance Increases Stake in Nuayaan Shipyard to 93.9%
Imagine a big company, Reliance, wants to build ships and make things for green energy.
They bought more of a shipyard called Nuayaan Shipyard.
They already owned some, and now they own almost all of it!
They bought the extra part from another company for a lot of money.
This shipyard is special because it is near their other factories and will help them make things like equipment for green energy.
It's like they are building a bigger and better factory to make even more things, including stuff for defense.
Reliance Industries, through Nuayaan Trading, increased its stake in Nuayaan Shipyard.
Nuayaan Trading acquired an additional 9.9% stake from Welspun Corp for Rs 54.7 crore.
RIL's total ownership in Nuayaan Shipyard now reaches 93.9%.
Nuayaan Shipyard, located in Dahej, will support green energy and defense manufacturing.
The acquisition aligns with RIL’s strategy to expand shipbuilding, heavy fabrication, and green energy capabilities.
- Who
- Reliance Industries Limited (RIL) through its subsidiary Nuayaan Trading.
- What
- Reliance Industries increased its stake in Nuayaan Shipyard.
- When
- The recent purchase was disclosed in an exchange filing.
- Where
- Nuayaan Shipyard is located in Dahej, Gujarat.
- Why
- To expand capabilities in shipbuilding, heavy fabrication, and green energy infrastructure.
Welspun Corp Perspective
Reliance Industries Perspective
Stake Sale
Welspun Corp Perspective
Welspun Corp sold their stake.
Reliance Industries Perspective
Reliance Industries increased their stake in Nuayaan Shipyard.
- Buyer
- Nuayaan Trading (RIL subsidiary)
- Seller
- Welspun Corp
- Stake Acquired
- 9.9%
- Total Stake
- 93.9%
- Purchase Price
- Rs 54.7 crore
- Shipyard Location
- Dahej, Gujarat
- Shipyard Enterprise Value
- Rs 643 crore