Cheviot Company Limited — Important, 24-07-2025: General Updates
24-07-2025 | 05:22 pm
24-07-2025 | 05:22 pm
Cheviot Company has acquired 10,500 equity shares of Reliance Industries (RIL) for approximately ₹1.47 crore. This strategic purchase, made at an average price of ₹1,404 per share, is intended as a long-term investment, recognizing RIL's strong fundamentals and leading market position. Cheviot clarified this acquisition represents less than 0.01% of RIL's share capital, with no intention to acquire control. The company expects no material operational impact from this transaction.
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