Cheviot Company Limited has informed the Exchange about Acquisition of equity shares
CHEVIOT · price
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Cheviot Company has purchased 8,000 equity shares of Reliance Industries Limited (RIL) on 8 August 2025 through the stock exchange, spending about ₹10.94 crore at an average price of roughly ₹1,367 per share. With this addition, Cheviot now holds 1,85,000 RIL shares in total, which is less than 0.01% of RIL's share capital. The company says the purchase is a long-term investment made from the secondary market, with no intention to acquire control, and is not a related-party transaction. The disclosure was made because the deal value crossed the regulatory threshold, even though the stake size is immaterial.
This is a minor passive investment by Cheviot in RIL shares and is unlikely to have any meaningful impact on either company's stock price or operations. Shareholders should view this as routine treasury activity rather than a strategic move.