Swan Corp Limited has issued a postal ballot notice pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, seeking shareholder approval for special business resolutions. The company has engaged National Securities Depository Limited to facilitate remote e-voting for its members, with the voting period commencing from 9:00 AM IST on April 20, 2026, and concluding at 5:00 PM IST on May 19, 2026. The notice is being sent through electronic mode to members whose e-mail IDs are registered with the company or depositories as of the cut-off date of April 10, 2026.

Special Business Resolutions

The postal ballot notice proposes two special resolutions for the appointment of Non-Executive Independent Directors. Ms. Bhagwati Sharma (DIN: 09632127) has been appointed as an Additional Director effective March 23, 2026, and is proposed to be appointed as a Non-Executive Independent Director for a term of five years from March 23, 2026, to March 22, 2031. Similarly, Mr. Ashish Chhabria (DIN: 11564611) has been appointed as an Additional Director effective March 25, 2026, and is proposed to be appointed as a Non-Executive Independent Director for a term of five years from March 25, 2026, to March 24, 2031. Both directors are not liable to retire by rotation.

Director Profiles

Ms. Sharma, aged 39 years, holds directorships in unlisted public companies including Shaktigarh Textile & Industries Limited, Jamshedpur Transport Co. Limited, and Responce Renewable Energy Limited. Mr. Chhabria, aged 61 years, holds 5,000 equity shares of the company directly, while his HUF holds 39,100 shares and an immediate relative holds 15,700 shares.

E-Voting Process and Timeline

The remote e-voting facility is available to members whose names appear in the Register of Members or List of Beneficial Owners as of the cut-off date of April 10, 2026. The portal for e-voting will remain open from April 20, 2026, to May 19, 2026. Members can cast their votes through the NSDL e-voting system using their demat account credentials or by accessing the NSDL e-Services website. Once a vote is cast, it cannot be modified or recast.

The Scrutinizer, Mr. Jignesh M. Pandya, has been appointed to conduct the postal ballot e-voting process in a fair and transparent manner. The results of the postal ballot will be declared on or before May 21, 2026, and will be displayed at the registered office of the company, communicated to stock exchanges, and uploaded on the company's website at www.swan.co.in and the NSDL e-voting website. The resolutions, if passed, will be deemed to have been passed on the last date of e-voting, May 19, 2026.

Swan corp Limited has issued a formal clarification to BSE Limited addressing concerns about a significant increase in its trading volume. The response, dated April 17, 2026, came in reply to BSE's inquiry letter numbered L/SURV/ONL/PV/SG/2026-2027/43.

Regulatory Compliance Confirmation

The company has categorically stated that it has fulfilled all disclosure obligations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Swan Corp emphasized that no material information or events have been withheld that could potentially influence the stock's price or volume behavior.

Key Response Details

Transparency and Future Commitments

The company assured BSE that all information provided is already in the public domain. Swan Corp reiterated its commitment to maintaining transparency and continuing compliance with SEBI regulations. The management pledged to keep stock exchanges informed about all price-sensitive information in a timely manner.

Corporate Governance

Company Secretary Saptarshi Ganguly digitally signed the response on April 17, 2026, at 15:14:39 IST, demonstrating the company's adherence to modern documentation practices. The formal communication was addressed to BSE Limited's office at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai.

The clarification serves to address market concerns while reinforcing Swan Corp's commitment to regulatory compliance and transparent communication with stakeholders and exchanges.