Reliance Industries stake in naval shipyard

Reliance Industries (RIL) has elevated its stake in Nauyan Shipyard Personal Restricted (NSPL) by 10 %. On April 11, the corporate advised the inventory markets that its full -owned step down subsidiary navi buying and selling Personal Restricted (NTPL) has accomplished the acquisition of 10 % stake in NSPL and 10 % stake in NSPL. … Read more

Nauyan Shipyard Non-public Restricted (NSPL) has additionally now come beneath the barrage of Reliance Industries (RIL). Reliance Industries’ full -owned Step Down Subsidiary Nauyan Tradings Non-public Restricted (NTPL) has accomplished a 74 p.c stake buy in NSPL from Welspon Corps Restricted. The deal was Rs 382.73 crore. Reliance Industries has knowledgeable the inventory markets about … Read more