Business Update Positive

2026-10-12 21:27

- CIRP resolution plan completed; CoC obligations prepaid - Order book expanded to ~₹6,500 Cr with new export orders (Energy ONE, Svitzer) - Secured ₹1,150 Cr NaBFID term loan at 5.85% effective interest rate - Approved for brownfield expansion with 25% capital assistance

Business Update Positive

2026-10-12 21:21

- H1 FY27 revenue from operations surged 2.5x YoY to ₹99.46 Cr; reported PAT reached ₹524.78 Cr. - Firm order book expanded to ~₹6,500 Cr, offering revenue visibility through FY31. - Completed resolution plan, settled all CoC obligations, and exited CIRP.

Financials Neutral

2026-10-12 18:10

Q2 FY27 Consolidated Revenue ₹68.85 Cr vs ₹39.57 Cr (▲74.0% YoY) EBITDA -₹17.69 Cr vs -₹7.52 Cr PAT ₹566.44 Cr vs -₹0.55 Cr (turned positive YoY, boosted by tax write-back of ₹563.15 Cr) EBITDA Margin -25.7% vs -19.0% (▼670bps)

Financials Neutral

2026-10-12 18:05

Q2 FY27 Consolidated Revenue ₹68.85 Cr vs ₹39.57 Cr (▲74% YoY) EBITDA -₹17.77 Cr vs -₹7.52 Cr PAT ₹566.44 Cr vs -₹0.55 Cr EBITDA Margin -25.8% vs -19.0% (▼680bps) - PAT includes a one-off excess tax provision write-back of ₹563.15 Cr arising from amalgamation.

Business Update Neutral

2026-10-08 11:28

Concall Schedule Concall Date: 13th October, 2026 to 24th October, 2026 Concall Time: In-person meeting / conference

Governance Neutral

2026-10-06 18:12

- Board Meeting scheduled for Monday, 12th October, 2026. - Agenda includes consideration and approval of Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended 30th September, 2026. - Trading window closed from 1st October, 2026 until 48 hours post-declaration.

Governance Neutral

2026-10-01 17:07

- Mr. Venu Avadhanula has been appointed as the Chief Operating Officer (Senior Management Personnel) of the Company. - Appointment is effective from 1st October, 2026. - He has over 34 years of leadership experience in shipyard operations, production, and infrastructure development, previously associated with Drydocks World, Dubai.

Routine Neutral

2026-09-28 12:19

- Trading window closed effective Thursday, 1st October, 2026 for Designated Persons and their relatives. - Reopens 48 hours after declaration of Unaudited Financial Results for the quarter and half-year ended 30th September, 2026. - PAN freezing at security level applied via Designated Depository as per SEBI regulations.

Governance Positive

2026-09-17 17:34

- The Scheme of Arrangement and Amalgamation between Triumph Offshore Private Limited and Swan Defence and Heavy Industries Limited became effective on September 17, 2026. The certified copy of the NCLT order was filed with the Registrar of Companies, with the Appointed Date being April 1, 2024.

Business Update Neutral

2026-09-16 16:46

- Swan Defence and Heavy Industries management to participate in an in-person meeting/conference with a group of institutional investors from 21st September, 2026 to 30th September, 2026. No unpublished price-sensitive information will be shared.

Business Update Neutral

2026-09-12 12:25

- Investors' Meet Schedule - Meet Date: 17th September, 2026 and 18th September, 2026 - Location: Mumbai

Governance Neutral

2026-09-02 21:22

- The 29th Annual General Meeting (AGM) of Swan Defence and Heavy Industries Limited was held on September 2, 2026. - Shareholders approved the adoption of standalone and consolidated financial statements for the year ended March 31, 2026. - The re-appointment of Mr. Vivek Merchant and Mr. Bhavik Merchant as directors was approved. - Approval was also granted for fund raising via Qualified Institutions Placement, debt issue, or preferential issue, and for material related party transactions, and providing loans/guarantees.

Governance Neutral

2026-09-02 21:22

- The 29th Annual General Meeting (AGM) of Swan Defence and Heavy Industries Limited was held on September 2, 2026. - Shareholders approved FY26 financial statements, re-appointment of directors, fund raising, material related party transactions, and approvals under Sections 185 & 186 of the Companies Act, 2013.

Governance Neutral

2026-09-02 21:17

- The 29th Annual General Meeting of Swan Defence and Heavy Industries Limited was held on 2nd September, 2026. - Key resolutions passed include adoption of FY26 financial statements, re-appointment of directors, and approval for fund raising via QIP, Debt Issue, or Preferential Issue. - All resolutions were passed.

Business Update Positive

2026-08-26 16:29

CRITICAL RED FLAG DETECTED

- NCLT Ahmedabad Bench approved the Arrangement and Amalgamation Scheme between Triumph Offshore Pvt Ltd and Swan Defence & Heavy Industries Ltd. - This scheme resolves past losses and Corporate Insolvency Resolution Process via capital reduction and reorganization. - Order received: Aug 25, 2026. Appointed date: Apr 1, 2024.

Financials Neutral

2026-08-11 18:01

- Q1 FY27 Consolidated Revenue ₹41.61Cr vs ₹18.37Cr (▲126.58% YoY) - EBITDA Loss ₹10.02Cr vs ₹13.29Cr (Loss contracted by 24.59% YoY) - PAT Loss ₹41.68Cr vs ₹30.79Cr (Loss increased by 35.39% YoY) - EBITDA Margin -24.08% vs -72.33% (Improved by 4825 bps) - The National Company Law Tribunal has approved the Scheme of Arrangement and Amalgamation for the company. The financial impact of the merger will be carried out in the quarter ending September 30, 2026.

Financials Neutral

2026-08-11 17:59

- Q1 FY27 Consolidated Revenue ₹30.61 Cr vs ₹0.42 Cr (▲7205.82% YoY) - EBITDA Loss ₹9.94 Cr vs ₹13.67 Cr (Loss reduced by ▲27.32% YoY) - PAT Loss ₹41.68 Cr vs ₹30.79 Cr (Loss increased by ▼35.39% YoY) - EBITDA Margin -32.46% vs -3262.86% (Improved significantly) - The National Company Law Tribunal has approved a Scheme of Arrangement and Amalgamation, with financial impact expected by Q2 FY27.

Governance Neutral

2026-08-10 20:50

- Notice of the 29th Annual General Meeting (AGM) of Swan Defence and Heavy Industries Limited (formerly Reliance Naval and Engineering Limited). - AGM scheduled for Wednesday, 2nd September 2026, at 11:30 a.m. (IST) via Video Conferencing / Other Audio-Visual Means. - Agenda includes adoption of Audited Financial Statements for FY2025-26 and re-appointment of Directors. - Special Business items include approval for fund-raising up to ₹4,000 Crore via Qualified Institutions Placement, Debt Issue, Preferential Issue, etc. - Also seeks approval for giving loans/guarantees/security and making investments up to ₹10,000 Crore, exceeding limits under Sections 185 and 186 of the Companies Act, 2013.

Business Update Positive

2026-08-06 19:43

- The Hon'ble National Company Law Tribunal, Ahmedabad Bench, sanctioned the Scheme of Arrangement and Amalgamation between Triumph Offshore Private Limited (Transferor Company) and Swan Defence and Heavy Industries Limited (Transferee Company) on August 6, 2026, with an appointed date of April 1, 2024. The scheme aims for capital reorganization, business consolidation, and enhanced operational efficiency.

Business Update Positive

2026-08-06 11:12

- Order Win: Swan Defence and Heavy Industries Limited won an order from Svitzer A/S, Denmark. - Order Details: Construction of four (4) advanced TRAnsverse 3200 tugs. - Order Value: Estimated between ₹251 Cr. and ₹750 Cr. (Category 2*). - The contract is not a related party transaction.

Business Update Positive

2026-08-06 07:59

- Order Win: Swan Defence and Heavy Industries Limited (SDHI) won an order from Denmark-based towage operator Svitzer A/S. - Order Details: Construction of four advanced TRAnsverse 3200 tugs. - Order Value: Not specified in the filing. - Completion Timeline: Deliveries are scheduled to commence in early 2028.

Governance Neutral

2026-08-04 15:38

- Board Meeting on August 11, 2026, to consider and approve Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. - The trading window for dealing in securities remains closed from July 1, 2026, until 48 hours after the results declaration.

Business Update Positive

2026-07-22 18:11

- ICRA Limited has assigned credit ratings to Swan Defence and Heavy Industries Limited for its credit facilities totaling ₹2,650.00 Crore. - Long-term fund-based term loan and long term/short term unallocated facilities are rated [ICRA]BBB (Stable). - Short-term unallocated facilities are also rated [ICRA]A3+.

533107

Swan Defence And Heavy Industries Ltd

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