Archive · 22 Aug 2025
Reliance Industries Acquires Nauyaan Shipyard Stake for ₹45.32 Crore
Reliance Industries bought the rest of Nauyaan Shipyard.
They paid ₹45.32 crore to get the remaining shares.
This means Reliance Industries now fully owns Nauyaan Shipyard, making it a part of their company.
The stock market showed a slight dip in Reliance Industries' share price after the announcement.
This purchase gives Reliance Industries complete control over Nauyaan Shipyard's operations.
Reliance Industries acquired the remaining 6.1% stake in Nauyaan Shipyard.
The acquisition was completed for an aggregate consideration of ₹45.32 crore.
Nauyaan Shipyard Private became a step-down wholly owned subsidiary.
The transaction finalized Reliance Industries' complete ownership.
Reliance Industries' shares closed at ₹1,409.30, down ₹15.35.
- Who
- Reliance Industries acquired Nauyaan Shipyard.
- What
- Reliance Industries acquired the remaining stake in Nauyaan Shipyard.
- When
- The exact date is not mentioned in the provided articles.
- Where
- The location of Nauyaan Shipyard is not mentioned in the provided articles.
- Why
- The reason for the acquisition is not explicitly stated in the provided articles.
- Acquisition
- Remaining 6.1% stake in Nauyaan Shipyard
- Acquisition Cost
- ₹45.32 crore
- Result
- Nauyaan Shipyard becomes a step-down wholly owned subsidiary of Reliance Industries
- Reliance Industries Stock
- ₹1,409.30 (down ₹15.35)