Reliance Industries Limited — JV/Acquisition, 22-08-2025: Acquisition

Reliance Industries' step-down subsidiary, Nauyaan Tradings, has completed the acquisition of the final 6.1% equity stake in Nauyaan Shipyard Private Limited from Welspun Corp for Rs. 45.32 Cr. This strategic move brings Nauyaan Shipyard under full ownership, making it a wholly-owned subsidiary. This consolidation streamlines operations and fully integrates the shipyard asset into Reliance's diverse portfolio, ensuring complete control and strategic alignment for future growth.