Swan Engitech Works Private Limited has pledged 45,00,000 equity shares in Swan Corp Limited , representing 1.43% of the total share capital, to secure a financial facility obtained by a group entity. The encumbrance was created on June 24, 2026, in favor of IDBI Trusteeship Services Limited, acting for the lender National Bank for Financing Infrastructure and Development (NaBFID). The disclosure was submitted to the stock exchanges on June 25, 2026, under Regulation 31 of the SEBI (SAST) Regulations, 2011.

Prior to this transaction, Swan Engitech Works Private Limited held 3,84,02,858 shares, amounting to 12.25% of the paid-up share capital, of which 1,35,00,000 shares (4.31%) were already encumbered. With the addition of the new pledge, the promoter's total encumbered holdings have risen to 1,80,00,000 shares, constituting 5.74% of the total share capital.

The filing also details the pledged holdings of other promoters who did not report any new events during this period. Dave Impex Private Limited holds 4,60,30,400 shares (14.68%), with 1,88,91,000 shares (6.03%) currently encumbered. Swan Realtors Private Limited holds 4,15,89,000 shares (13.27%), with 3,00,00,000 shares (9.57%) pledged.

Pledge Details

The disclosure confirms that the encumbrance remains within the prescribed threshold limits, and no further details regarding the specific terms of the financial facility were provided in the filing.

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.

The letter was addressed to the Audit Committee of Swan Corp Limited and signed by Nikhil Vasantlal Merchant on April 6, 2026.