Cheviot Company Limited has informed the Exchange about Acquisition of Equity Shares
CHEVIOT · price
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Cheviot Company Limited has bought 10,500 equity shares of Reliance Industries Limited (RIL) from the stock exchange on 24th July 2025 for a total cost of about ₹1.47 crore, at an average price of ₹1,404.19 per share. This is a tiny stake, accounting for less than 0.01% of RIL's total share capital, and was done purely as a long-term investment based on RIL's strong fundamentals and market leadership. The transaction is not a related-party deal and Cheviot's promoter group has no interest in RIL. The disclosure is being made only because the purchase value crossed the regulatory threshold that requires a public announcement under SEBI listing rules.
This is a small, portfolio-style investment and has no material impact on Cheviot's business or on RIL's shareholding pattern. Shareholders should treat this as routine treasury activity rather than a strategic event.