Cheviot Company Limited has informed the Exchange about Acquisition of equity shares.
CHEVIOT · price
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Cheviot Company bought 7,000 equity shares of Reliance Industries Limited (RIL) on 12th August 2025 for about ₹96.64 lakhs through the stock exchange, at an average price of ₹1,380.50 per share. The purchase is purely a secondary market investment with no intention to acquire control, and Cheviot's total holding in RIL now stands at 1,92,000 shares — less than 0.01% of RIL's share capital. The deal was done in cash, is not a related party transaction, and required no regulatory approvals. Cheviot cited RIL's strong fundamentals and leading market position as the reason for treating this as a long-term investment.
This is a routine, small-scale treasury investment by Cheviot in a large blue-chip stock and is unlikely to have any material impact on Cheviot's financials or share price. Shareholders should read this as a portfolio allocation decision rather than a strategic shift.