ALPHA TRIBE

Cheviot Company LimitedImportant, 05-08-2025: General Updates

05-08-2025 | 06:28 pm

Cheviot Company has acquired 14,932 equity shares of Reliance Industries Limited (RIL) for approximately ₹ 2.08 Crore. This move is a long-term investment in RIL, recognizing its strong fundamentals and leading market position. Cheviot's total holding in RIL is now 1,77,000 shares, representing less than 0.01% of RIL's share capital. This acquisition is not intended for control, signaling a strategic treasury deployment rather than operational diversification.

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