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Swan Energy raises Rs 3,319 crore through QIP

Swan Energy on Thursday said it has raised Rs 3,000 crore from qualified institutional placement of shares which were priced at Rs 670 apiece. The issue got interest from qualified institutional investors including Quant Mutual Fund, SBI Life, LIC, LIC Mutual Fund, Tata Mutual Fund, Infini Mutual Funds, SBI General Insurance, BNP Paribas Mutual Fund, […]

Swan Energy subsidiary repays ₹2,206 crore loan

Swan Energy said that its subsidiary Swan LNG (SLPL) has pre-paid entire loan, along with interest till date, to the consortium of banks, amounting to approximately Rs 2,206 crore. The groups external debt positionwas approximately Rs 4,128 crore in September 2023, reduced to approximately Rs 3,817 crore in December 2023 and now stands at approximately […]

Swan Energy Rebrands as Swan Corp, Focuses on High-Growth Sectors

Swan Energy Limited has officially rebranded as Swan Corp Limited, marking its evolution into a diversified industrial conglomerate. This strategic shift focuses on key growth sectors, including manufacturing, defence, energy, and real estate. Founded over a century ago, Swan Corp has expanded from textiles to establish a presence across vital sectors of the Indian economy, […]

Swan Energy rebrands as Swan Corp

MUMBAI: Swan Energy Limited has officially rebranded as Swan Corp Limited, unveiling a new corporate identity that reflects its evolution into a diversified industrial conglomerate. The rebrand marks a strategic pivot into key growth sectors, including manufacturing, defence, energy, and real estate. Founded over a century ago, Swan Corp has steadily expanded beyond its origins […]

Swan Energy rebrands as Swan Corp with focus on high-growth sectors

Swan Energy Limited has officially rebranded as Swan Corp Limited, unveiling a new corporate identity that reflects its evolution into a diversified industrial conglomerate. The rebrand marks a strategic pivot into key growth sectors, including manufacturing, defence, energy, and real estate. Founded over a century ago, Swan Corp has steadily expanded beyond its origins in […]

Swan Defence and Heavy Industries plans to raise Rs 750 crore via QIP

Swan Defence and Heavy Industries is planning to hit the markets soon with a qualified institutional placement (QIP) offering through which the company intends to raise around Rs 750 crore, highly placed sources told Moneycontrol on condition of anonymity. Through the QIP, the promoter, Hazel Infra, will reduce 5 percent stake from 94.91 percent held […]

Swan Energy net rises 49% in FY25

Aided by all-time high revenues, Swan Energy Ltd on Friday reported a record profit after tax (PAT) ofR874 crore, registering a 49 per cent growth for FY25. The company’s total income grew by 35 per cent to 26,884 crore in FY25. On Friday, its Board of Directors recommended a change in the name of the […]

Swan Energy subsidiary prepays Rs 2,206 crore loan; significantly reduces Group’s debt burden

Swan Energy said that its subsidiary Swan LNG (SLPL) has pre-paid entire loan, along with interest till date, to the consortium of banks, amounting to approximately Rs 2,206 crore. The groups external debt positionwas approximately Rs 4,128 crore in September 2023, reduced to approximately Rs 3,817 crore in December 2023 and now stands at approximately […]

Swan Energy raises Rs 3000 crore via QIP issue

Swan Energy (SEL) has successfully raised Rs. 3,000 crore through a Qualified Institutions Placement (QIP). The QIP was priced at Rs. 670 per share, inclusive of a premium of Rs. 669 per share. The QIP garnered significant interest from qualified institutional investors, including Quant Mutual Fund, SBI Life, LIC, LIC Mutual Fund, Tata Mutual Fund, […]

Swan Energy raises Rs 3,000 cr via QIP

Swan Energy on Thursday said it has raised Rs 3,000 crore from qualified institutional placement of shares which were priced at Rs 670 apiece. The issue got interest from qualified institutional investors including Quant Mutual Fund, SBI Life, LIC, LIC Mutual Fund, Tata Mutual Fund, Infini Mutual Funds, SBI General Insurance, BNP Paribas Mutual Fund, […]