Merger17 Sept 2026, 05:40 pm
Swan Defence Amalgamation Effective Sept 17
AI Summary
Swan Defence and Heavy Industries Limited announced that the Scheme of Amalgamation between Triumph Offshore Private Limited and Swan Defence and Heavy Industries Limited has become effective from September 17, 2026. This follows the approval of the scheme by the National Company Law Tribunal (NCLT) and the subsequent filing of the NCLT order with the Registrar of Companies by both entities. The appointed date for the amalgamation is April 1, 2024. This marks a significant step in the integration of the two companies.
Key Highlights
- Scheme of Amalgamation between Triumph Offshore and Swan Defence is effective.
- Effective date is September 17, 2026, post NCLT approval.
- Appointed date for the amalgamation is April 1, 2024.
- Companies have filed the NCLT order with the Registrar of Companies.
Price Impact
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