Pipavav Defence

Pipavav Defence News

Reliance Group to pump in Rs 5K cr in Pipavav Shipyard

Anil Ambani said that the group’s recent acquisition of Pipavav Defence Company with assets worth more than Rs 10,000 crore would be converted into a global centre of shipbuilding.

Banks clear Pipavav debt recast just days before closure of CDR window

With banks approving the proposal, the company will get moratorium on repayment, interest rate reduction and fresh working capital.

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Reliance Infra acquires Pipavav Defence for Rs819 cr

Apart from Mahindra & Mahindra, the Hero Group too had reportedly shown interest in acquiring the company.

Pipavav Defence allots 1.05 cr shares to Rakesh Jhunjhunwala,others

Warrants were allotted to them at a price of Rs 78 per share,which included a premium of Rs 68.

Govt puts Mazagon-Pipavav JV on hold

Earlier this month,Pipavav Defence said it had formed an equal JV with Mazagon Dock.

Pipavav,Mazagaon Dock to build Navy warships,subs

For first time a private sector company has been selected by MoD-controlled PSU to build warships together.

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