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flag Reliance Industries acquires 74% stake in Nauyaan Shipyard for ₹383 crore, expanding into new manufacturing areas.

flag Reliance Industries, through its subsidiary, has acquired a 74% stake in Nauyaan Shipyard Private Limited for ₹383 crore. flag This move expands Reliance's business into salt handling, storage, brine preparation, engineering fabrication, and hydrogen electrolyser manufacturing. flag The acquisition is set to finalize by March 21, 2025.

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