Cheviot Company Limited has informed the Exchange about Acquistion of Shares
CHEVIOT · price
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Cheviot Company Limited bought 13,500 equity shares of Reliance Industries Limited (RIL) from the secondary market on 17th July 2025. The total cost was about ₹1.99 crore, at an average price of ₹1,481 per share. The holding is less than 0.01% of RIL's share capital, and the purchase is purely for long-term investment purposes, not for control. Cheviot confirmed this is not a related-party transaction and its promoters have no interest in RIL.
This is a small, passive investment by Cheviot in RIL with no material impact on either company. For Cheviot's shareholders, it is a minor diversification move using treasury funds, with no effect on controlling interest or business operations.