Reliance Industries Limited — JV/Acquisition, 11-04-2025: Acquisition

Nauyaan Tradings Private Limited (NTPL), a wholly owned subsidiary of Reliance Industries, has completed the acquisition of an additional 10% equity stake in Nauyaan Shipyard Private Limited for ₹51.72 crore from Welspun Corp Limited. This strategic acquisition increases Reliance's investment in the shipyard, potentially enhancing operational capabilities and market positioning within the maritime sector. The financial outlay aligns with the company's growth objectives, fostering synergies in its portfolio and creating opportunities for expansion in marine services.