StockWatch
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Other Textile Products
Shareholding15 Apr 2026, 07:21 pm

Swan Corp promoter pledges 3 Cr shares (9.57%) for group loan

AI Summary

Swan Realtors Private Limited, a promoter of Swan Corp Ltd, has submitted a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure confirms the creation of a pledge on 3,00,00,000 equity shares of Swan Corp, representing 9.57% of the total share capital. This pledge, dated March 24, 2026, serves as security for a financial facility obtained by a group entity. The shares are encumbered in favor of IDBI Trusteeship Services Limited, with National Bank for Financing Infrastructure and Development (NaBFID) as the lender.

Key Highlights

  • Promoter Swan Realtors Pvt Ltd pledged 30 million equity shares.
  • The pledged shares represent 9.57% of Swan Corp's total share capital.
  • The pledge secures a financial facility for a group entity.
  • National Bank for Financing Infrastructure and Development is the lender.