Latest news about Swan Defence & Heavy Industries
Swan Defence & Heavy Industries
2,060.20
+98.10(+5.00%)
Company Performance:
View Company Insights1D+5.00%
1M+10.87%
6M+80.37%
1Y+1,107.69%
5Y+5,350.26%
More news about Swan Defence & Heavy Industries
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.
Industry Peers
Cochin ShipyardSwan Defence & Heavy Industries
Laxmipati Engineering
Hariyana Ship Breakers
1,467.40
(-3.71%)
2,060.20
(+5.00%)
300.00
(0.0%)
103.50
(+1.07%)
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
