Reliance Anchors Deeper in Blue Economy with Nauyaan Shipyard Stake from Welspun

Unknown Apr 02, 2026 1,100 Views

In a significant move amplifying the transformation of India’s shipyard industry, Welspun Corp Ltd has sold a further 9.9% equity stake in Nauyaan Shipyard Private Limited (NSPL) to Nauyaan Tradings Private Limited, a wholly owned step-down subsidiary of Reliance Industries Ltd. The deal, v...