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Reliance Naval and Engineering Ltd
SKIL House
209 Bank Street Cross Lane, Fort
Phone: +91 2794305000p:+91 2794305000 MUMBAI, 400055  India Ticker: RNAVALRNAVAL
This company was Merged or Acquired on 1/4/2024.
On 11/30/2017, IFCI Ltd. initiated Insolvency proceedings against Reliance Naval and Engineering Ltd with the National Company Law Tribunal pursuant to the Insolvency and Bankruptcy Code, 2016.
On 12/8/2017, the Bombay High Court admitted the Insolvency petition filed against Reliance Naval and Engineering Ltd. by IFCI Ltd.
On 9/6/2018, IDBI Bank Ltd. filed an Insolvency petition against Reliance Naval and Engineering Ltd. with the Ahmedabad bench of the National Company Law Tribunal pursuant to the Bankruptcy and Insolvency Code 2016.
On 1/15/2020, the Insolvency petition filed against Reliance Naval and Engineering Ltd. by IDBI Bank Ltd. was admitted by the National Company Law Tribunal, Ahmedabad bench.
This is a Subsidiary, click here for the Parent Company
Business Summary
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20233/31/2020Yes----

Industries
SIC Code Description
3731 Ship building and repairing
8711 Engineering services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Financial Officer RishiChopra 2/3/2023 2/3/2023
Compliance Officer, Company Secretary VishantShetty 12/8/2023 12/8/2023
Additional Director Bhavik N.Merchant 30 12/8/2023 12/8/2023
4 additional Officers and Directors records available in full report.

Business Names
Business Name
533107
Pipavav Shipyard Limited
RDEL
RNAVAL

General Information
Number of Employees: 290 (As of 3/31/2020)
Outstanding Shares: 2,682,150 (As of 7/14/2023)
Shareholders: 158,607
Stock Exchange: NSE
Fax Number: +91 2794305100


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Thursday, April 18, 2024