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Cheviot Co.Ltd. — Capital/Financing Update 2025
Jul 17, 2025
64214_rns_2025-07-17_22f04fcd-06a1-4849-b371-dd379008385d.pdf
Capital/Financing Update
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Date: 17th July, 2025
To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street, Fort Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai - 400 051
Ref: BSE Scrip Code – 526817 | NSE Symbol: CHEVIOT | ISIN - INE974B01016
Dear Sir/Madam
Sub: Disclosure under Regulation 30 – Acquisition
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024, the details of acquisition of equity shares of a listed entity [Reliance Industries Limited] through stock exchange mechanism made on 17th July, 2025, are disclosed in Annexure A attached herewith.
Kindly take the above on record.
Thanking you Yours faithfully For Cheviot Company Limited
ADITYA BANERJEE
Digitally signed by ADITYA BANERJEE Date: 2025.07.17 18:28:51 +05'30'
(Aditya Banerjee) Company Secretary and Compliance Officer
Encl. As stated above.
| Sl. No. | Particulars |
Description |
| a) | Name of the target entity, details in brief such as size, turnover etc. |
Reliance Industries Limited (RIL) (ISIN: INE002A01018) is a company incorporated in the year 1973. It is engaged in the business of coke and refined petroleum products, extraction of crude petroleum and natural gas. RIL has reported total assets of ₹ 10,22,401 crores as at 31st March, 2025, revenue from operations of ₹ 5,32,792 crores and Profit after tax of ₹ 35,262 crores for the year ended 31.3.2025(on standalone basis). |
| b) | Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” |
No. Further, the promoter/promoter group/group companies have no interest in the entity. |
| c) | Industryto which the entitybeingacquired belongs | Manufacturing,miningandquarrying. |
| d) | Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) |
The purchase of shares was made without any intention to acquire control and has no material impact as holding is below 0.01% of the share capital of RIL. However, the price at which the shares are acquired/to be acquired exceeds the threshold specified in Regulation 30(4)(i)(c) of the Listing Regulations, necessitating disclosure under Regulation 30 of the Listing Regulations. The shares of RIL are purchased from secondary market with a view of long term investment considering strong fundamentals and leadingmarketposition held byRIL. |
| e) | Brief details of any governmental or regulatory approvals required for the acquisition |
Not Applicable. |
| f) | Indicative time period for completion of the acquisition |
The shares were acquired on 17th July, 2025. |
| g) | Consideration- whether cash consideration or share swapor anyother form and details of the same. |
Cash consideration |
| h) | Cost of acquisition and/or the price at which the shares are acquired |
Cost of acquisition: ₹ 1,99,93,690.35/- Average Price: ₹ 1,481.0141per share. |
| i) | Percentage of shareholding / control acquired and / or number of shares acquired |
13,500 equity shares of face value of ₹ 10/- each of RIL. |
| j) | Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and anyother significant information(in brief) |
Not applicable (Refer reply given in Sl. No. (d) above). |