Multiple promoter entities of Swan Corp Limited have disclosed significant pledge creations under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The latest comprehensive disclosure reveals Swan Realtors Private Limited and Swan Engitech Works Private Limited have pledged a combined 4,35,00,000 equity shares, representing 13.88% of total promoter shareholding.

Consolidated Pledge Details

The detailed encumbrance disclosure shows both promoter entities created pledges on 24th March, 2026, in favor of IDBI Trusteeship Services Limited as security for financial facility obtained by group entity. The comprehensive filing provides complete transparency on the extent of encumbrances across promoter holdings.

Promoter Shareholding Structure

The disclosure reveals total promoter shareholding in Swan Corp Limited stands at 16,91,48,000 shares, representing 53.96% of total share capital. The cumulative shareholding of both pledging entities amounts to 7,99,91,858 shares, constituting 25.52% of total share capital.

Security and Financial Arrangements

The encumbrance serves as security for financial facility sanctioned to group entity, with IDBI Trusteeship Services Limited acting as security trustee. The arrangement involves Swan Corp Limited, the pledging entities, and Swan Defence and Heavy Industries Limited as part of the comprehensive security structure. National Bank for Financing Infrastructure and Development (NaBFID) serves as the lender in this arrangement.

Regulatory Compliance

The disclosure confirms that Swan Realtors Private Limited's encumbrance exceeds 50% of its individual shareholding at 72.13%, while the combined encumbrance of both entities surpasses 50% of their total holding in Swan Corp Limited at 54.38%. However, the pledged shares remain below 20% of total share capital, ensuring compliance with regulatory thresholds. The filing was signed by Paresh Vasantlal Merchant, Director (DIN: 00660027), maintaining full regulatory compliance under SEBI guidelines.

Swan Corp Limited has issued a corporate guarantee worth ₹72.57 crores to secure repayment obligations of its subsidiary Swan LNG Private Limited on March 27, 2026. The company notified both National Stock Exchange and BSE Limited about this significant financial commitment under regulatory compliance requirements.

Corporate Guarantee Details

The guarantee was issued pursuant to Regulation 30 of the SEBI Listing Regulations read with Para B of Part A of Schedule III. Swan Corp Limited provided the guarantee amount of ₹72.57 crores (Rupees Seventy Two Crores and Fifty Seven lakhs) specifically for securing repayment obligations of Swan LNG Private Limited, which operates as a subsidiary company.

Regulatory Compliance and Disclosure

The disclosure was made in compliance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Company Secretary and Compliance Officer Saptarshi Ganguly signed the regulatory filing, ensuring proper documentation of this corporate guarantee transaction.

Transaction Structure and Impact

According to the regulatory filing, there is no direct interest of promoter, promoter group, or group companies of Swan Corp Limited in this transaction, except for the fact that Swan LNG Private Limited operates as a subsidiary company. The company has clarified that as of the issuance date of the corporate guarantee, there is no immediate pecuniary impact on Swan Corp Limited.

The guarantee represents a standard parent company support mechanism for subsidiary operations, enabling Swan LNG Private Limited to secure its repayment obligations with the backing of its parent company's financial commitment.