Latest news about Swan Defence & Heavy Industries
Swan Defence & Heavy Industries
2,510.00
+26.00(+1.05%)
Company Performance:
View Company Insights1D+1.05%
1M-6.86%
6M+24.10%
1Y+379.47%
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More news about Swan Defence & Heavy Industries
06Aug 26
NCLT sanctions Swan Defence merger with Triumph Offshore
NCLT Ahmedabad sanctioned the merger of Triumph Offshore into Swan Defence on August 6, 2026. The scheme, effective from April 1, 2024, includes a capital reorganization to offset Swan Defence's retained earnings deficit using capital reserves. Triumph Offshore shareholders will receive preference shares in Swan Defence. The tribunal addressed regulatory observations regarding past compliance lapses, attributing them to the pre-CIRP period.
06Aug 26
Swan Defence & Heavy Industries Secures Export Deal With Svitzer for Four Advanced Transverse 3200 Tugs, Valued Between ₹251 Crore and ₹750 Crore
Swan Defence & Heavy Industries has won an export order from Svitzer for four advanced Transverse 3200 tugs, with the deal valued between ₹251 crore and ₹750 crore. The order highlights the company's capability in manufacturing specialised marine vessels for international clients. This contract marks a significant development in Swan Defence & Heavy Industries' export business within the marine and defence vessel segment.
13Jul 26
Swan Defence to meet investors in Singapore on July 15, 16
Swan Defence and Heavy Industries Ltd will engage with institutional investors during a series of in-person meetings scheduled in Singapore on July 15 and July 16, 2026. The management will discuss business developments and operational updates during these interactions. The company confirmed that no unpublished price-sensitive information will be disclosed during these sessions.
23Jun 26
Swan Defence to attend PL Capital Defence Conference on June 25
Swan Defence and Heavy Industries Ltd will participate in the PL Capital Defence Conference on June 25, 2026, in Mumbai, to engage with institutional investors. The company stated that no unpublished price-sensitive information will be shared during the event.
23Jun 26
Swan Defence sets July 17 for merger hearing
Swan Defence and Heavy Industries Ltd announced that the NCLT Ahmedabad bench has scheduled the final hearing for its amalgamation scheme with Triumph Offshore Private Limited on July 17, 2026. The company petition regarding the Scheme of Arrangement and Amalgamation was filed on June 1, 2026. The scheme is pursuant to Sections 230 to 232 read with Sections 66 and 52 of the Companies Act, 2013.
19Jun 26
Swan Defence shifts corporate office to Mumbai effective June 19
Swan Defence and Heavy Industries Ltd relocated its corporate office to Uttam House, Mumbai, effective June 19, 2026, for administrative convenience, while the registered office in Gujarat remains unchanged.
17Jun 26
Swan Defence schedules investor meets on June 19, 2026
Swan Defence and Heavy Industries Limited has scheduled meetings with institutional investors on June 19, 2026, in Mumbai. The management will engage with Kotak Mutual Fund and ICICI Prudential Life Insurance in person. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, and no unpublished price-sensitive information will be shared.
16Jun 26
Swan Defence promoter declares no encumbrance on shares for FY26
Hazel Infra Limited, a promoter of Swan Defence and Heavy Industries Limited, confirmed in a filing dated April 06, 2026, that no encumbrance was created on the company's shares by the promoters or promoter group during FY25-26. The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter group consists of Hazel Infra Limited and Swan Corp Limited.
06Jun 26
Swan Defence management to meet SBI Life Insurance on June 10
Swan Defence and Heavy Industries Limited has scheduled an in-person investor meeting with SBI Life Insurance on June 10, 2026, in Mumbai. The interaction, conducted pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, will focus on business matters. The company clarified that no unpublished price-sensitive information will be shared during the meeting, and the schedule is subject to change based on exigencies.
04Jun 26
Swan Defence schedules investor meets on June 8
Swan Defence and Heavy Industries Limited will hold in-person meetings with four institutional investors in Mumbai on June 8, 2026. The sessions will involve Edelweiss Mutual Fund, Bharti Axa Life Insurance, ICICI Prudential Mutual Fund, and Alchemy PMS. The company confirmed that no unpublished price-sensitive information will be shared during these interactions.
29May 26
Swan Defence schedules investor meet on June 2
Swan Defence and Heavy Industries Limited will hold a meeting with Bajaj Alternate Investment Limited on June 2, 2026, in Mumbai to discuss performance and strategy. The meeting is held under Regulation 30 of SEBI regulations, and no unpublished price-sensitive information will be shared.
29May 26
Swan Defence FY26 revenue surges to ₹282.13 crore
Swan Defence reported a net loss of ₹227.5 crore for FY26 despite revenue surging to ₹282.13 crore. The Board approved audited results and a ₹4,000 crore fund raise proposal.
26May 26
Swan Defence shareholders approve amalgamation with Triumph Offshore
Swan Defence and Heavy Industries Limited shareholders approved the Scheme of Arrangement and Amalgamation with Triumph Offshore Private Limited. The resolution was passed with 99.9997% votes in favour at a meeting held on May 25, 2026. The meeting was convened pursuant to NCLT orders.
20May 26
Swan Defence appoints Kannan as Independent Director
Swan Defence and Heavy Industries Limited has successfully regularised the appointment of Mr. Jayaramakrishnan Kannan as a Non-Executive Independent Director following a postal ballot that concluded on May 19, 2026. Shareholders approved the special resolution with 99.99% of votes polled in favour, representing 91.62% of total outstanding shares. Mr. Kannan, a former TCS Vice President with 40 years of IT experience, will serve a five-year term ending March 30, 2031.
19May 26
Swan Defence and Heavy Industries Schedules Board Meeting on May 27, 2026 to Approve FY26 Financial Results and Fund-Raising Plans
Swan Defence and Heavy Industries Limited has announced a Board of Directors meeting on May 27, 2026, to approve standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The Board will also consider a proposal to raise funds through various modes of securities issuance, subject to shareholder and regulatory approvals. The trading window for the company's securities remains closed from April 1, 2026, until 48 hours post the results announcement. The notice has been filed in compliance with SEBI (LODR) Regulations, 2015.
26Apr 26
Swan Defence Announces May 25 Shareholder Meeting for Triumph Offshore Amalgamation
Swan Defence & Heavy Industries Limited has announced a shareholder meeting on May 25, 2026, to approve the scheme of arrangement and amalgamation with Triumph Offshore Private Limited. The NCLT-directed meeting will be held via video conferencing at 10:30 AM IST, with remote e-voting from May 22-24, 2026. The scheme involves capital restructuring and issuance of preference shares at a ratio of 1325:1000. Post-amalgamation, the company's paid-up capital will total INR 16,47,65,09,000. The scheme has received observation letters from BSE and NSE and is subject to final NCLT approval.
17Apr 26
Swan Defence Issues Postal Ballot Notice for Independent Director Appointment
Swan Defence and Heavy Industries Limited has issued a postal ballot notice seeking shareholder approval for the appointment of Mr. Jayaramakrishnan Kannan as Non-Executive Independent Director. The e-voting process runs from April 20 to May 19, 2026, with results expected by May 21, 2026. The company submitted newspaper advertisement copies to stock exchanges on April 17, 2026, ensuring regulatory compliance.
08Apr 26
Swan Defence Bags Landmark Rs 1,501-3,000 Cr Order For Dual-Fuel Ammonia Bulk Carriers
Swan Defence & Heavy Industries has announced a landmark order from Energy ONE Limited for constructing four dual-fuel ammonia bulk carriers worth Rs 1,501-3,000 crore. These 92,500 DWT vessels represent India's first ammonia-powered commercial ships and among the largest ever built domestically, with delivery scheduled from October 2029 at four-month intervals.
01Apr 26
Swan Defence and Heavy Industries Appoints Jayaramakrishnan Kannan as Independent Director
Swan Defence and Heavy Industries Limited appointed Mr. Jayaramakrishnan Kannan as Additional Independent Director effective March 31, 2026, subject to shareholder approval via postal ballot. Kannan, a former TCS Vice President with 40 years of IT industry experience, will serve a five-year term from March 31, 2026 to March 30, 2031. The appointment follows proper regulatory compliance and board committee recommendations.
30Mar 26
Swan Defence and Heavy Industries Clarifies Trading Volume Surge to BSE
Swan Defence and Heavy Industries Limited responded to BSE's inquiry about significant trading volume increase on March 30, 2026, confirming full compliance with SEBI disclosure regulations. The company stated it has not withheld any material information affecting price or volume behavior and reaffirmed its commitment to keeping exchanges informed of price-sensitive developments.
28Mar 26
Swan Defence and Heavy Industries Completes Full Repayment to Committee of Creditors
Swan Defence and Heavy Industries Limited successfully completed full and final repayment to all Committee of Creditors members on March 27, 2026, in accordance with the Resolution plan pursuant to the NCLT Order dated December 23, 2022. The company, formerly known as Reliance Naval and Engineering Limited, informed stock exchanges about this milestone under SEBI regulations, marking the completion of its financial restructuring obligations under the corporate insolvency resolution process.
25Mar 26
Swan Defence Receives Regulatory Disclosure on Hazel Infra's 5.01% Stake Sale
Swan Defence and Heavy Industries Limited received official regulatory disclosure from its promoter Hazel Infra Limited regarding the disposal of 26,38,747 equity shares representing 5.01% stake through an Offer for Sale mechanism. The transaction was completed on March 18-19, 2026, reducing Hazel Infra's shareholding from 94.91% to 89.90% while maintaining compliance with SEBI regulations.
23Mar 26
Swan Defence Achieves Minimum Public Shareholding Through Completed OFS
Swan Defence & Heavy Industries has successfully achieved minimum public shareholding compliance through a completed OFS on March 19, 2026, where promoters sold 26,38,747 equity shares. The transaction resulted in public shareholding of 10.10% against promoter holding of 89.90%, with the company formally communicating compliance achievement to stock exchanges on March 23, 2026.
13Nov 25
Swan Defence Reports Q2 FY26 Loss, Considers Fund Raising via Debentures
Swan Defence & Heavy Industries Limited (SDHIL) reported a net loss of ₹19.86 crore in Q2 FY26, down 35.5% from Q1. Revenue surged 842.1% to ₹39.57 crore. The company plans to raise up to ₹1,000 crore through zero-interest, 10-year non-convertible debentures. SDHIL also approved a merger scheme with Triumph Offshore Private Limited, subject to regulatory approvals.
10Nov 25
Swan Defence and Heavy Industries Inks Deal for Six Advanced Chemical Tankers with Norwegian Firm
Swan Defence & Heavy Industries Limited (SDHI) has signed a Letter of Intent with Norwegian ship owner Rederiet Stenersen AS for the construction of six advanced chemical tankers. Each tanker will have a capacity of 18,000 DWT and will be built at SDHI's facility in Pipavav, Gujarat. The deal, valued at approximately USD 220 million, includes an option for six additional vessels. The tankers will feature advanced technologies including Ice Class 1A standards, hybrid propulsion systems, and future-ready designs for potential conversion to alternative fuels. This agreement marks SDHI's first major export of advanced chemical tankers to Norway, signifying a milestone for India's shipbuilding industry.
22Sept 25
Swan Defence & Heavy Industries Inks ₹4,250 Crore MoU with Gujarat Maritime Board
Swan Defence & Heavy Industries has signed a ₹4,250 crore memorandum of understanding (MoU) with the Gujarat Maritime Board to expand its shipbuilding capabilities. The agreement includes plans to establish a maritime cluster and create a centre of excellence. This strategic partnership aims to enhance the company's presence in the maritime sector and contribute to Gujarat's coastal infrastructure development.
20Sept 25
Swan Defence Expands Maritime Partnerships: Signs MoUs with Gujarat Maritime Board and Sagarmala Finance Corporation
Swan Defence & Heavy Industries (SDHI) has signed two significant MoUs to boost India's maritime sector. A ₹4,250 crore MoU with Gujarat Maritime Board aims to modernize shipyard infrastructure, strengthen supply chains, and build a talent pipeline. The investment includes ₹3,500 crore for shipyard capacity expansion, ₹200 crore for a maritime training facility, and ₹550 crore for a Maritime Cluster. SDHI also partnered with Sagarmala Finance Corporation to explore shipbuilding financing support, focusing on technical evaluation, financing, and ecosystem development.
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