ALPHA TRIBE

Cheviot Company LimitedImportant, 24-07-2025: General Updates

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.

No comments yet. Be the first to comment!

All announcements from Cheviot Company Limited