Swan Realtors pledges 3,00,00,000 equity shares to NaBFID for group financing
Swan Realtors Private Limited has pledged 3,00,00,000 equity shares (9.57% stake) of Swan Corp Limited to IDBI Trusteeship Services Limited on behalf of National Bank for Financing Infrastructure and Development as security for a group entity's financial facility. The pledge was created on 24th March, 2026, and represents a portion of Swan Realtors' total 4,15,89,000 shares (13.27%) holding in the target company.

*this image is generated using AI for illustrative purposes only.
Swan Corp Limited's promoter entity Swan Realtors Private Limited has submitted a revised disclosure to stock exchanges regarding the pledge creation of 3,00,00,000 equity shares under SEBI (SAST) Regulations, 2011. The disclosure was filed on 15th April, 2026, in response to a query from BSE Limited.
Pledge Transaction Details
The pledge creation involves a significant portion of Swan Realtors' shareholding in Swan Corp Limited. The transaction details are structured as follows:
| Parameter | Details |
|---|---|
| Pledged Shares | 3,00,00,000 equity shares |
| Percentage of Total Capital | 9.57% |
| Pledge Creation Date | 24th March, 2026 |
| Type of Encumbrance | Pledge |
| Trustee Entity | IDBI Trusteeship Services Limited |
| Lender | National Bank for Financing Infrastructure and Development (NaBFID) |
Shareholding Structure
Swan Realtors Private Limited maintains a substantial holding in Swan Corp Limited, with the pledge representing a portion of its total investment:
| Shareholding Details | Number of Shares | Percentage |
|---|---|---|
| Total Holding by Swan Realtors | 4,15,89,000 | 13.27% |
| Shares Pledged | 3,00,00,000 | 9.57% |
| Unpledged Shares | 1,15,89,000 | 3.70% |
Purpose and Security
The pledge has been created as security for a financial facility obtained by a group entity from National Bank for Financing Infrastructure and Development. IDBI Trusteeship Services Limited acts as the trustee entity in whose favor the shares have been encumbered.
Other Promoter Holdings
The disclosure also provides information about other promoter entities with existing pledged shareholdings:
- Dave Impex Private Limited: Holds 4,60,30,400 shares (14.68%) with 1,39,91,000 shares (4.46%) already pledged
- Swan Engitech Works Private Limited: Holds 3,84,02,858 shares (12.25%) with 1,35,00,000 shares (4.30%) already pledged
Regulatory Compliance
The revised disclosure was signed by Paresh Merchant, Director of Swan Realtors Private Limited (DIN: 00660027), and submitted to both BSE Limited and National Stock Exchange of India Limited where Swan Corp Limited's shares are listed. The company has requested the stock exchanges to take the disclosure on record as per regulatory requirements.
Historical Stock Returns for Swan Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.58% | +9.61% | +5.03% | -17.51% | -17.88% | +166.40% |
What infrastructure project or expansion plans might Swan Corp be funding through NaBFID that required this significant pledge of promoter shares?
How will this additional pledge affect Swan Corp's ability to raise capital in the future, given that over 13% of total equity is now pledged by promoters?
Could this pledge creation signal potential financial stress among Swan Corp's promoter entities, and what impact might this have on the company's strategic decisions?


































