Board Meeting27 May 2026, 07:41 pm
Swan Defence Approves FY26 Results, Plans ₹4,000 Cr Fundraise
AI Summary
Swan Defence and Heavy Industries Ltd. approved the standalone and consolidated financial results for the year ended March 31, 2026. The board also approved raising up to ₹4,000 crores through various means, including QIP, debt issue, or preferential issue, subject to shareholder and regulatory approvals. Additionally, Mr. Rajesh Bhardwaj resigned as CFO, and Mr. Jignesh Shah was appointed as the new CFO. The company's 29th AGM will be held on September 2, 2026.
Key Highlights
- Swan Defence approved audited financial results for FY26.
- The company plans to raise up to ₹4,000 Cr via multiple routes.
- Rajesh Bhardwaj resigned as CFO, effective May 27, 2026.
- Jignesh Shah appointed as CFO, effective May 28, 2026.
- 29th AGM scheduled for September 2, 2026, via video conferencing.
Price Impact
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