Following the acquisition, NTPL entered into a share purchase agreement to acquire a 74 per cent stake in Nauyaan Shipyard Private Limited (NSPL) from Welspun Corp for INR 382.73 crore, valuing ...

Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Ltd (RIL) has acquired 100% equity stake in Nauyaan Tradings Private Limited (NTPL) for an ...

Reliance Industries Limited (RIL) announced that its step-down wholly owned subsidiary, Nauyaan Tradings Private Limited (NTPL), has entered into a share purchase agreement with Welspun Corp ...

Reliance Industries Ltd announced that its wholly owned subsidiary, Reliance Strategic Business Ventures Limited (RSBVL), acquired a 100 per cent equity stake in Nauyaan Tradings Private Limited ...

Reliance Industries Ltd (RIL) has acquired an additional 10 per cent equity stake in Nauyaan Shipyard Pvt Ltd (NSPL), a subsidiary of Wellspun Corporation, in a deal valued at Rs51.72 crore.

NTPL has purchased a 74% equity in Nauyaan Shipyard Private Ltd (NSPL) from Welspun Corp Limited for a total consideration of ₹382.73 crore.

"Nauyaan Tradings Private Limited (NTPL), a step-down wholly owned subsidiary of the company has informed the company that it has today completed the acquisition of a 74 per cent equity stake in ...

Reliance Industries (RIL) is expanding its industrial presence with a two-step acquisition, securing control over Nauyaan Shipyard Private (NSPL). Shares of RIL rose 1.25 per cent in early trade ...

“Nauyaan Tradings Private Limited (NTPL), a step-down wholly owned subsidiary of the Company has informed the Company that it has today completed the acquisition of further 10% equity stake in ...

Reliance Industries Limited has made a strategic move by acquiring 10 per cent more equity in Nauyaan Shipyard Private Limited from its subsidiary Nauyaan Tradings Private Limited.

Subsequently, Nauyaan Tradings will acquire 74% of Nauyaan Shipyard from Welspun Corp for Rs 383 crore. The total valuation of Nauyaan Shipyard, including debt and equity, stands at Rs 644 crore.