Cheviot Company Limited — Important, 17-07-2025: General Updates

Cheviot Company has made a strategic long-term investment by acquiring 13,500 equity shares of Reliance Industries Limited (RIL) from the secondary market. The investment, costing approximately ₹1.99 Cr (at an average price of ₹1,481 per share), reflects Cheviot's confidence in RIL's strong fundamentals and leading market position. This acquisition represents less than 0.01% of RIL's share capital, indicating no intention for control and minimal material impact on Cheviot's operations. RIL's robust financials, including ₹10.22 lakh Cr in assets and ₹5.32 lakh Cr in revenue, underpin this portfolio move.