Reliance Industries Limited — JV/Acquisition, 23-07-2025: Acquisition

Reliance Industries' step-down subsidiary, Nauyaan Tradings, has acquired a further 9.9% equity stake in Nauyaan Shipyard Private Limited (NSPL) from Welspun Corp Limited. This deal, valued at Rs 54.70 crore, boosts RIL's effective stake in NSPL from 84% to 93.9%. This strategic move indicates a strong intent to consolidate ownership and streamline operations within an existing subsidiary. It's a clear step towards greater control and integration, reinforcing RIL's existing footprint in the segment rather than expanding into new areas.