Cheviot Company Limited has informed the Exchange about Acquistion of equity shares.
CHEVIOT · price
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Awaiting price reaction for this filing.
Cheviot Company Limited purchased 13,000 equity shares of Reliance Industries Limited (RIL) on 14th August 2025 through the stock exchange for a total of about ₹17.87 crore, at an average price of roughly ₹1,374.69 per share. After this purchase, Cheviot's total holding in RIL stands at 2,05,000 shares, which is below 0.01% of RIL's share capital. The company clarified that this is a long-term investment made purely for financial reasons and is not intended to acquire control over RIL. The transaction was done in cash, is not a related-party deal, and no regulatory approvals were needed. The disclosure was made only because the purchase value crossed a SEBI reporting threshold.
This is a routine, small financial investment by Cheviot in a blue-chip stock and is unlikely to have any meaningful effect on Cheviot's share price or business. For shareholders, it shows the company is parking some of its surplus cash in a quality listed counter, which is a neutral-to-slightly-positive signal on treasury management.