CHEVIOT: Cheviot Company Limited has informed the Exchange about Acquisition of Equity Shares
CHEVIOT · price
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Cheviot Company Limited has acquired 4,000 equity shares of Reliance Industries Limited (RIL) on 22nd July 2025 through the stock exchange. The total cost of acquisition was ₹56.8 lakhs at an average price of ₹1,420 per share. The holding represents less than 0.01% of RIL's share capital, and the purchase was made as a long-term investment from the secondary market with no intention to acquire control. The disclosure was triggered only because the acquisition value crossed the SEBI Regulation 30 threshold for mandatory reporting. It is not a related-party transaction.
This is a small treasury investment and is not material to Cheviot's business or financials. It is unlikely to have any meaningful effect on Cheviot's stock price or shareholder value.