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Cheviot Company LimitedImportant, 22-07-2025: General Updates

22-07-2025 | 05:23 pm

Cheviot Company has acquired 4,000 equity shares of Reliance Industries Limited (RIL) for approximately ₹0.57 Cr, at an average price of ₹1,420 per share. This minor acquisition, representing less than 0.01% of RIL's share capital, is part of Cheviot's long-term investment strategy. The company emphasized that this purchase, made in the secondary market, has no material impact and is not aimed at gaining control, but rather capitalizes on RIL's strong fundamentals.

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