Equities

RNAVAL

INE542F01012

Market Closed - Bombay S.E. Other stock markets 06:11:00 2023-07-13 am EDT			5-day change	1st Jan Change
2.27 ^INR	-99.65%		-99.64%	-99.64%

Apr. 15	Hazel Mercantile Limited completed the acquisition of Reliance Naval and Engineering Limited	CI
Mar. 07	Reliance Naval and Engineering Limited Announces Board Changes	CI

Reliance Defence and Engineering And Liberty House Group Interested In Acquiring Stake In ABG Shipyard Assets

March 17, 2017 at 12:00 am EDT

Reliance Defence and Engineering Limited (BSE:533107) and Liberty House Limited are interested in acquiring assets of ABG Shipyard Limited (BSE:532682). Lenders to ABG Shipyard have shortlisted prospective bidders for the company after invoking their rights to change ownership, said ABG Shipyard. The consortium of lenders has mandated SBI Caps for finding a buyer for their 51% stake in the company, which they got after conversion of debt into equity under the Strategic Debt Restructuring scheme.

Latest news about RELE NAVAPAR

Hazel Mercantile Limited completed the acquisition of Reliance Naval and Engineering Limited	Apr. 14	CI
Reliance Naval and Engineering Limited Announces Board Changes	Mar. 07	CI
Reliance Naval and Engineering Limited has Changed its Name to Swan Defence and Heavy Industries Limited	Mar. 07	CI
Hazel Mercantile Limited completed the acquisition of Reliance Naval and Engineering Limited.	Jan. 03	CI
Reliance Naval and Engineering Limited Announces Director Appointments	Dec. 08	CI
Reliance Naval and Engineering Limited Appoints Vishant Shetty as Company Secretary and Compliance Officer	Dec. 08	CI
Reliance Naval and Engineering Limited Announces the Resignation of Rachakonda Venkata Ramana as Director	23-10-04	CI
Reliance Naval and Engineering Limited Announces the Resignation of Shibby Jobby as Director	23-10-04	CI
Reliance Naval Names CFO	23-02-05	MT
Reliance Naval and Engineering Limited Appoints Rishi Chopra as Chief Financial Officer	23-02-04	CI
Reliance Naval CFO Resigns	22-12-06	MT
Reliance Naval and Engineering Limited Announces Resignation of Mr. Madan Pendse as Chief Financial Officer	22-12-06	CI
Hazel Mercantile Limited agreed to acquire Reliance Naval and Engineering Limited.	21-12-15	CI
USC Still Mulls Possibility of Buying Shipyard in India	21-08-23	CI
R-Naval Receives 3 Bids	21-08-16	CI
Reliance Naval and Engineering Limited Appoints Shri Rakesh Moreshwar Kanzode as Company Secretary and Compliance Officer	21-06-29	CI
Reliance Naval and Engineering Limited Reports Earnings Results for the First Quarter Ended June 30, 2020	21-06-08	CI
APM Terminals Keen on Buying Reliance Naval and Engineering	21-06-03	CI
Reliance Naval and Engineering Limited Announces Demise of Debashis Bir as Director	21-04-13	CI
Reliance Naval and Engineering Limited Announces Resignation of Avinash Godse, as Company Secretary and Compliance Officer	21-03-21	CI
Jindal Reportedly Keen to Acquire Reliance Naval & Engineering	21-03-03	CI
United Shipbuilding Corporation Looks to Buy Reliance Naval	20-11-05	CI
Mazagon Dock Still Seeks to Buys RNAVAL	20-09-17	CI
Battle for RNaval Hots Up with 12 Firms in the Race	20-08-21	CI
Adani and Mahindra May Bid for Shipyard Operated by Reliance Naval	20-08-10	CI

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Company Profile

Reliance Naval and Engineering Limited is an India-based company engaged in the business of shipbuilding and repairs. The Company operates an integrated shipbuilding facility with 662 M x 65 M Dry dock. The facility houses the modular shipbuilding facility with a capacity to build fully fabricated and outfitted blocks. The fabrication facility is spread over 2.1 million square feet. The shipyard has a pre-erection berth of 980 meters length and 40 meters width, and two Goliath cranes with a combined lifting capacity of 1,200 tons, besides outfitting berth length of 780 meters. Its capabilities include design and construction of offshore patrol vessels (OPVs), landing platform docks (LPDs), frigates, corvettes, destroyers, research vessels, submarines, and aircraft carriers. It undertakes repair and maintenance on all types of ships and rigs. Its repair and upgrade works include steel repairs, jumboizing and conversions; propeller repairs; tail shaft and rudder repairs; and others.

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