Reliance Industries: Full Control of Nauyaan Shipyard for ₹45.32 Crore

Reliance Industries Limited (RIL) has acquired the remaining 6.1% stake in Nauyaan Shipyard for ₹45.32 crore, making it a wholly owned step-down subsidiary. 📊 Financial Impact: The acquisition consolidates RIL’s ownership, streamlining operations and unlocking better financial integration. The investment size remains modest compared to RIL’s overall balance sheet, but it strengthens the company’s presence in the shipbuilding and allied maritime services domain. 🚀 Future Outlook: Full control of Nauyaan Shipyard gives Reliance the strategic edge to pursue expansion in maritime infrastructure, offshore energy projects, and defense-linked opportunities, aligning with India’s growing push for indigenous manufacturing and shipping capabilities.