Swan Corp confirms no promoter encumbrance in FY26
Swan Corp Limited disclosed that its promoters and promoter group have not created any encumbrance on their shares during the financial year ended March 31, 2026. The confirmation, submitted by Promoter Nikhil Merchant, complies with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing includes a list of all promoters and promoter group entities.

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Swan Corp Limited confirmed that its promoters and promoter group have not created any encumbrance on their shares, directly or indirectly, during the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange and BSE, ensures compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This confirmation covers all shares held by the promoters and promoter group, excluding any encumbrances previously disclosed or disseminated by depositories through System Driven Disclosure (SDD).
The confirmation was provided by Nikhil Merchant, a promoter of Swan Corp Limited , on behalf of all other promoters and the promoter group. The filing stated that no new encumbrances were established during FY26 beyond those already reported to the exchanges.
Promoter and Promoter Group Details
The disclosure included an annexure listing the names and categories of all shareholders within the promoter and promoter group. The list comprises individual promoters and various private limited companies.
| Name of the Shareholders | Category of the shareholder |
|---|---|
| Mr. Nikhil Merchant | Promoter |
| Mrs. Vinita Naman Patel | Promoter |
| Mr. Bhavik Nikhil Merchant | Promoter |
| Dave Impex Private Limited | Promoter Group |
| Swan Realtors Private Limited | Promoter Group |
| Swan Engitech Works Private Limited | Promoter Group |
| Dave Leasing and Holdings Private Limited | Promoter Group |
| Sahajanand Soaps and Chemicals Private Limited | Promoter Group |
| Muse Advertising and Media Private Limited | Promoter Group |
| Vakratund Plaza Private Limited | Promoter Group |
| Dhankalash Tradecomm Private Limited | Promoter Group |
| Forceful Vincom Private Limited | Promoter Group |
| Banshidhar Traders Private Limited | Promoter Group |
| Inderlok Dealcomm Private Limited | Promoter Group |
| Swan International Private Limited | Promoter Group |
The letter was addressed to the Audit Committee of Swan Corp Limited and signed by Nikhil Vasantlal Merchant on April 6, 2026.
Historical Stock Returns for Swan Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.03% | +1.77% | -0.78% | -31.29% | -26.99% | +125.75% |
Will the absence of new encumbrances encourage Swan Corp to pursue aggressive expansion or acquisition strategies in FY27?
How might this clean financial position impact investor confidence and the company's stock valuation in the upcoming quarter?
Could Swan Corp leverage its unencumbered promoter shares to secure future funding for new projects?


































