Swan Defence and Heavy Industries Limited has received shareholder approval to regularise the appointment of Mr. Jayaramakrishnan Kannan as a Non-Executive Independent Director. The resolution was passed through a postal ballot process that concluded on May 19, 2026. This approval formalises his position, which was initially effective from March 31, 2026, for a term of five consecutive years ending March 30, 2031.

Voting Results Summary

The remote e-voting process sought shareholder approval for the regularisation. A total of 48,266,170 votes were polled, representing approximately 91.62% of the total outstanding shares. The resolution received strong support across all shareholder categories, with the requisite majority secured.

Breakdown of Votes

The detailed voting results indicate that the promoters and promoter group cast all their votes in favour of the resolution. Public institutions and non-institutional shareholders also participated, with the majority supporting the appointment.

Director Profile

Mr. Jayaramakrishnan Kannan (DIN: 06551104) retired from TCS as Vice President, Head – Global Alliances. He currently serves on the boards of AiQOD, Mitraa, Amitech, Manisha Soft Solutions, and Pillar Rocks. He is also an Advisor to Check Point, Krya, Method Hub, and Mitraa Deep Tech. A post-graduate in Management from the Bajaj Institute of Management, Mumbai, he brings approximately 40 years of experience in the IT industry.

Swan Defence & Heavy Industries Limited has notified the stock exchanges of an upcoming Board of Directors meeting pursuant to Regulation 29 and 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The meeting is scheduled for Wednesday, May 27, 2026, and will deliberate on key financial and capital-raising matters for the fiscal year ended March 31, 2026. The intimation was issued on May 19, 2026, and signed by Company Secretary & Compliance Officer Priti P. Dave.

Board Meeting Agenda

The Board meeting has been convened to consider and approve two primary agenda items. The following table outlines the key matters to be taken up:

Fund-Raising Proposal

Among the significant items on the agenda is a proposal to raise funds through the issuance of securities. The Board will consider multiple routes, including Qualified Institutions Placement, Debt Issue, Preferential Issue, Further Public Offer, Right Issue, or any permissible combination thereof. The fund-raising, if approved, would be executed in one or more tranches and remains subject to the approval of shareholders and/or relevant regulatory or statutory authorities, as applicable under prevailing laws.

Trading Window Closure

In accordance with the company's Code of Conduct for Prohibition of Insider Trading, formulated under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of Swan Defence and Heavy Industries has been closed. As communicated vide letter dated March 26, 2026, the trading window closure is effective from April 1, 2026, and will remain in force until 48 hours after the announcement of the audited financial results for the quarter and year ended March 31, 2026.

Regulatory Disclosures and Availability of Information

The notice of the Board meeting is available on the company's official website at www.sdhil.co.in , in compliance with Regulation 46(2)(i)(i) of the Listing Regulations. Further details related to the meeting are also accessible on the websites of the National Stock Exchange of India ( www.nseindia.com ) and BSE Limited ( www.bseindia.com ). Swan Defence and Heavy Industries, formerly known as Reliance Naval and Engineering Limited, is registered at Pipavav Port, Post Uochaiya, Via-Rajula, Dist. Amreli - 365 560, Gujarat, with its corporate office located at Vakils House, 1st Floor, Shri Shivsagar Ramgulam Marg, Ballard Estate, Mumbai - 400 001.