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Deals27 Jan 2026, 06:10 pm

Swan Corp Ltd Board Approves Rs. 3,500 Crores Related Party Transaction with Swan Defence and Heavy Industries Limited

AI Summary

Swan Corp Ltd announced the outcome of its Board Meeting held on 27th January, 2026. The Board has accorded its consent for a material related party transaction with Swan Defence and Heavy Industries Limited (SDH), a step down subsidiary, to the extent of Rs. 3,500 crores. The transaction includes sale, purchase or supply of goods or services, trade advances, fund-based and non-fund-based support, and partial/full repayment. The Company will also provide investments in equity/debt/inter-corporate deposits, convertible/non-convertible instruments, and give guarantees/security for any financial facility obtained by SDH. The resolution will be passed through Remote e-Voting.

Key Highlights

  • Board Meeting held on 27th January, 2026
  • Related party transaction with Swan Defence and Heavy Industries Limited
  • Transaction amount of Rs. 3,500 crores
  • Includes various types of business transactions
  • Resolution to be passed through Remote e-Voting
SWANENERGY
Other Textile Products
SWAN ENERGY LTD.

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