Reliance (RELIANCE) — Related Party Transaction

Reliance Industries' subsidiary Nauyaan Tradings Private Limited has agreed to acquire an additional 10% equity stake in Nauyaan Shipyard Private Limited from Welspun Corp Limited for ₹51.72 crores. The transaction is a related party transaction conducted on an arm's length basis, with the acquisition expected to complete by April 11, 2025.

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About Reliance Industries Limited (RELIANCE)

Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE

Market Cap: ₹18,08,488.47 Cr P/E: 21.7 ROE: 9.9% ROCE: 11.2%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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