Swan Realtors pledges 3,00,00,000 equity shares to NaBFID for group financing

1 min read     Updated on 15 Apr 2026, 10:08 PM
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Radhika SScanX News Team
AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 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?

Swan Engitech Works Pledges 1,35,00,000 Equity Shares of Swan Corp Limited

1 min read     Updated on 15 Apr 2026, 09:45 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Swan Engitech Works Private Limited pledged 1,35,00,000 equity shares (4.30%) of Swan Corp Limited to IDBI Trusteeship Services Limited as security for group entity's financial facility through NaBFID. The pledge was created on 24th March, 2026, from Swan Engitech's total holding of 3,84,02,858 shares (12.25%). The revised disclosure under SEBI (SAST) Regulations was filed on 15th April, 2026, following BSE communication.

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*this image is generated using AI for illustrative purposes only.

Swan Engitech Works Private Limited has filed a revised disclosure under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding the pledge creation of equity shares in Swan Corp Limited. The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited on 15th April, 2026.

Pledge Details

The company has pledged 1,35,00,000 equity shares of Swan Corp Limited as security for financial facility obtained by a group entity. The pledge was created on 24th March, 2026, in favor of IDBI Trusteeship Services Limited, with National Bank for Financing Infrastructure and Development (NaBFID) serving as the lender.

Parameter: Details
Shares Pledged: 1,35,00,000
Percentage of Total Share Capital: 4.30%
Date of Pledge Creation: 24th March, 2026
Trustee: IDBI Trusteeship Services Limited
Lender: National Bank for Financing Infrastructure and Development (NaBFID)
Purpose: Security for financial facility obtained by Group entity

Promoter Holdings

Swan Engitech Works Private Limited holds a total of 3,84,02,858 shares in Swan Corp Limited, representing 12.25% of the company's total share capital. Prior to this pledge creation, the company had no existing encumbered shares in Swan Corp Limited.

Holding Details: Numbers Percentage
Total Promoter Holding: 3,84,02,858 12.25%
Previously Encumbered Shares: - -
Current Pledged Shares: 1,35,00,000 4.30%

Other Promoter Pledges

The disclosure also provides information about existing pledges by other promoter entities that were not part of this reporting event:

Dave Impex Private Limited:

  • Total holding: 4,60,30,400 shares (14.68%)
  • Pledged shares: 1,39,91,000 shares (4.46%)

Swan Realtors Private Limited:

  • Total holding: 4,15,89,000 shares (13.27%)
  • Pledged shares: 3,00,00,000 shares (9.57%)

Regulatory Compliance

The revised disclosure was necessitated following communication from BSE Limited dated 15th April, 2026. The document was digitally signed by Paresh Merchant, Director of Swan Engitech Works Private Limited (DIN: 00660027), ensuring compliance with regulatory requirements under SEBI (SAST) Regulations, 2011.

Swan Corp Limited shares are listed on both BSE Limited (Scrip Code: 503310) and National Stock Exchange of India Limited (Symbol: SWANCORP). The disclosure maintains transparency regarding promoter shareholding patterns and encumbrance details as mandated by securities market regulations.

Historical Stock Returns for Swan Corp

1 Day5 Days1 Month6 Months1 Year5 Years
+0.58%+9.61%+5.03%-17.51%-17.88%+166.40%

What infrastructure project or expansion plans might the group entity be financing through NaBFID that required this substantial pledge?

How might the increasing promoter pledge levels (now totaling over 18% of share capital) affect investor confidence and stock liquidity?

Will Swan Corp's credit rating or borrowing capacity be impacted by the rising encumbrance on promoter holdings?

More News on Swan Corp

1 Year Returns:-17.88%