StockWatch
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Other Textile Products
Shareholding8 Sept 2026, 10:31 am

Swan Corp Promoter Encumbers 2 Cr Shares for Group Entity Loan

AI Summary

Swan Corp Limited's promoter, Swan Engitech Works Private Limited, has encumbered 2,00,00,000 shares, representing 0.64% of the total share capital, through a pledge. This encumbrance was created on September 4, 2026, as security for a financial facility obtained by a group entity. The shares are pledged in favor of IDBI Trusteeship Services Limited, with National Bank for Financing Infrastructure and Development (NaBFID) as the lender. This disclosure is made in accordance with SEBI (SAST) Regulations, 2011.

Key Highlights

  • Promoter Swan Engitech encumbers 2 crore shares.
  • Encumbrance is a pledge for group entity's financial facility.
  • Shares pledged to IDBI Trusteeship Services Limited.
  • Lender is National Bank for Financing Infrastructure and Development (NaBFID).
  • Disclosure follows SEBI (SAST) Regulations, 2011.