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India

Reliance Naval and Engineering Ltd (RELV.NS)

RELV.NS on National Stock Exchange of India

50.75INR
23 Jan 2018
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7,206,051
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Rs72.65
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Rs33.65

Latest Key Developments (Source: Significant Developments)

IFCI Says NCLT Rejected Reliance Naval & Engineering's Application
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - IFCI Ltd ::SAYS UPDATES ON CASE AGAINST RELIANCE MARINE AND OFFSHORE LTD AND RELIANCE NAVAL & ENGINEERING.SAYS NCLT AHMEDABAD REJECTED RELIANCE NAVAL & ENGINEERING'S APPLICATION.SAYS THE LOAN IS SECURED BY CORPORATE GUARANTEE OF RELIANCE NAVAL & ENGINEERING.  Full Article

Reliance Naval & Engineering Says IFCI's Insolvency Petition Against Co Has "No Merit"
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Reliance Naval And Engineering Ltd ::CLARIFIES ON NEWS ITEM REGARDING IFCI FILING INSOLVENCY CASE AGAINST CO TO RECOVER LOAN.SAYS THERE ARE "NO MERITS" IN IFCI'S APPLICATION BEFORE NCLT; SAYS ACTION IS "UNWARRANTED".SAYS 25 SECURED LENDERS REQUESTED IFCI THAT 'MATTER BE RESOLVED OUTSIDE THE NCLT'.  Full Article

India's Reliance Naval & Engineering Sept-qtr loss widens
Friday, 13 Oct 2017 

Oct 13 (Reuters) - Reliance Naval And Engineering Ltd :Sept quarter loss 1.51 billion rupees versus loss of 1.16 billion rupees year ago.Sept quarter revenue from operations 832.9 million rupees versus 986.5 million rupees rupees year ago.Says approves rights issue of up to 15 billion rupees ‍​.  Full Article

Reliance Defence & Engineering signs master ship repair pact with U.S. Navy
Monday, 13 Feb 2017 

Reliance Defence & Engineering Ltd : Master ship repair agreement between Reliance Defence and Engineering Limited and U.S. Navy . Says over 100 ships of U.S. Navy's 7th fleet will avail services at Reliance Shipyard .Co selected to undertake repair and maintenance works for U.S. Navy at Gujarat.  Full Article

BRIEF-Reliance Naval & Engineering Says To Consider Modified Refinancing Scheme With Lenders

* TO CONSIDER MODIFIED REFINANCING SCHEME WITH LENDERS AND ISSUE OF SECURED NCDS, COMPULSORILY REDEEMABLE PREFERENCE SHARES Source text - http://bit.ly/2BnuIJX Further company coverage: