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Cheviot Company LimitedImportant, 12-08-2025: General Updates

12-08-2025 | 05:58 pm

Cheviot Company has made a strategic investment by acquiring 7,000 additional equity shares of Reliance Industries Limited (RIL) for ₹0.97 crore. This move is intended for long-term investment, recognizing RIL's strong fundamentals and leading market position. The acquisition, valued at approximately ₹1380.50 per share, increases Cheviot's total holding in RIL to 1,92,000 shares. This transaction does not aim for control, with the acquired stake representing less than 0.01% of RIL's share capital, ensuring minimal operational impact.

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