Reliance Industries acquires remaining 6.1% stake in Nauyaan Shipyard for ₹45.32 crore
The acquisition was completed for an aggregate consideration of ₹45.32 crore. Following this transaction, Nauyaan Shipyard Private has now become a step-down wholly owned subsidiary of Reliance Industries Limited. Shares of Reliance Industries Ltd ended at ₹1,409.30, down by ₹15.35, or 1.08%, on the BSE.
The acquisition was completed for an aggregate consideration of ₹45.32 crore. Following this transaction, Nauyaan Shipyard Private has now become a step-down wholly owned subsidiary of Reliance Industries Limited. Shares of Reliance Industries Ltd ended at ₹1,409.30, down by ₹15.35, or 1.08%, on the BSE.
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