Swan Corp has announced significant changes to its leadership team, strengthening its corporate governance and compliance functions.

New Independent Women Director Appointed

Ms. Shanaya Manish Munot has been appointed as an Additional Director in the category of Independent Women Director for a five-year term, effective September 16, 2025, subject to shareholder approval. This appointment, recommended by the Nomination & Remuneration Committee, underscores Swan Corp's commitment to diversity and innovation in its leadership.

Ms. Munot brings a wealth of experience to her new role:

• Educational Background: Bachelor of Science in Foreign Service from Georgetown University, with a major in Science, Technology, and International Affairs.
• Professional Experience: Over six years in corporate governance and strategic leadership.
• Career Highlights:
  • Started as an Investment Banker at UBS in EMEA
  • Founder & CEO of BhoomiSure, an Insurtech company focusing on agriculture and climate resilience
• Areas of Expertise: Technology, insurance, social welfare, and leveraging innovation for inclusive growth

New Company Secretary and Compliance Officer

In a move to strengthen its corporate compliance, Swan Corp has appointed Mr. Bhushan Kishor Joshi as the Company Secretary and Compliance Officer, effective September 16, 2025. Mr. Joshi will also serve as a Key Managerial Personnel of the company.

Key details about Mr. Joshi's appointment and background include:

• Qualifications: Commerce Graduate and Associate Member of the Institute of Company Secretaries of India (ICSI)
• Experience: Over 10 years of versatile corporate experience in corporate laws and compliances

Board Meeting Details

The appointments were approved during a Board of Directors meeting held on September 16, 2025, which commenced at 6:00 PM and concluded at 7:15 PM. These strategic appointments are expected to enhance Swan Corp's corporate governance structure and compliance capabilities.

Swan Corp, formerly known as Swan Energy Limited, continues to evolve its leadership team to meet the challenges of a dynamic business environment. These appointments reflect the company's focus on bringing diverse perspectives and specialized expertise to its top management.

Swan Energy , a prominent player in the energy sector, has reported a significant decline in its quarterly consolidated net profit despite a modest increase in revenue. The company's financial results reveal a complex picture of growth and challenges in the current business environment.

Financial Highlights

Revenue Growth Amidst Profit Decline

Swan Energy managed to achieve a modest revenue growth, with its quarterly consolidated revenue increasing to ₹12.00 billion from ₹11.40 billion in the same period last year. This 5.30% year-over-year growth indicates that the company has been able to maintain and slightly expand its top-line performance.

Sharp Drop in Profitability

Despite the revenue growth, Swan Energy experienced a dramatic decline in its bottom line. The company's quarterly consolidated net profit plummeted to ₹191.00 million, a stark contrast to the ₹1.38 billion reported in the same quarter of the previous year. This represents an 86.00% decrease in net profit, signaling significant challenges in maintaining profitability.

EBITDA and Margin Compression

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a substantial decrease, falling to ₹268.00 million from ₹3.86 billion in the previous year, marking a 93.06% decline. This drop in EBITDA was accompanied by a severe compression of the EBITDA margin, which decreased by 31.64 percentage points to 2.21% from 33.85% year-over-year.

The sharp decline in EBITDA and EBITDA margin suggests that Swan Energy faced considerable pressure on its operational efficiency and cost management during the quarter. This could be attributed to various factors such as increased operational costs or changes in the business environment.

While Swan Energy has managed to grow its revenue, the significant drop in profitability and operational efficiency metrics indicates that the company may be navigating through a challenging period. Investors and analysts will likely be keen to understand the factors behind this performance and the company's strategies to address these challenges in the coming quarters.