Latest news about Swan Defence & Heavy Industries
Swan Defence & Heavy Industries
1,925.90
+60.20(+3.23%)
Company Performance:
View Company Insights1D+3.23%
1M+6.15%
6M+115.17%
1Y+1,272.02%
5Y+4,994.97%
More news about Swan Defence & Heavy Industries
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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