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- 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.

- 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.

- 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.

- 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.

- 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.

- 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.

- 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.

- 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.

- 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+.