Swan Corp Limited's board of directors has approved a substantial related party transaction worth ₹3,500 crores with its step-down subsidiary Swan Defence and Heavy Industries Limited (SDHI). The decision was taken during the board meeting held on January 27, 2026, which commenced at 4:30 PM and concluded at 5:30 PM.

Major Related Party Transaction Approved

The board granted its consent for the material related party transaction with SDHI, subject to shareholder approval through postal ballot. The transaction encompasses various business activities and financial arrangements between the companies.

The comprehensive transaction covers multiple business activities including:

• Sale, purchase or supply of goods or services
• Trade advances (providing and receiving)
• Fund-based and non-fund-based support
• Partial or full repayment of advances and support
• Investments in equity, debt, and inter-corporate deposits
• Convertible and non-convertible instruments
• Guarantee or security for financial facilities

Shareholder Approval Process

The material related party transaction requires shareholder approval, which will be sought through postal ballot using remote e-voting mechanism. The postal ballot notice has been dated January 27, 2026, and shareholders will vote on an ordinary resolution to approve the transaction.

Board Changes

The board also noted the resignation of Ms. Shanaya Munot (DIN: 08541838) as an Independent Director, effective December 15, 2025. The company had already furnished the prescribed disclosure format to stock exchanges on December 15, 2025, hence no additional disclosure was required during this board meeting.

Regulatory Compliance

The board meeting outcome was communicated to both National Stock Exchange Limited (Symbol: SWANCORP) and BSE Limited (Scrip Code: 503310) in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. The disclosure ensures transparency regarding material developments affecting the company and its stakeholders.

Swan Corp Limited has announced a scheduled investor meeting with Poddar Diamond Family Office, set to take place on January 12, 2026, in Mumbai. The company has formally notified both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) about this institutional investor interaction in compliance with regulatory requirements.

Meeting Details and Compliance

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's management will participate in this scheduled meeting with the institutional investor in an in-person format in Mumbai.

Regulatory Safeguards and Flexibility

Swan Corp Limited has emphasized that no unpublished price-sensitive information pertaining to the company will be shared during the meeting with the institutional investor. This commitment ensures compliance with insider trading regulations and maintains market integrity.

The company has also noted that the meeting schedule remains subject to change, with potential modifications arising due to exigencies on the part of analysts, investors, or the company itself. This flexibility clause allows for necessary adjustments while maintaining transparency with stakeholders.

Corporate Communication

The formal notification was signed by Saptarshi Ganguly, Company Secretary & Compliance Officer of Swan Corp Limited, on January 5, 2026. The company, formerly known as Swan Energy Limited, continues to maintain regular communication with institutional investors as part of its corporate governance practices.

This investor meeting represents part of Swan Corp Limited's ongoing engagement with institutional stakeholders and demonstrates the company's commitment to maintaining transparent communication channels with the investment community.