The fund will be deployed to modernise the recently acquired Reliance Naval and Engineering’s shipyard at Pipavav. Additionally, a portion of the fund will be allocated for project expansion and debt reduction.

The post Swan Energy raises Rs 3,319 crore through QIP appeared first on Swan Corp.

The company is fully focused on growth and in-parallel is continuously endeavoring to reduce debt from the balance sheet, Swan Energy said in a statement.

The post Swan Energy subsidiary repays ₹2,206 crore loan appeared first on Swan Corp.

Founded over a century ago, Swan Corp has expanded from textiles to establish a presence across vital sectors of the Indian economy, including oil & gas, commercial and defence shipbuilding and repair, heavy engineering, offshore fabrication, and real estate development.

The post Swan Energy Rebrands as Swan Corp, Focuses on High-Growth Sectors appeared first on Swan Corp.

Founded over a century ago, Swan Corp has steadily expanded beyond its origins in textiles to establisha presence across vital sectors of the Indian economy. Its operations now span oil & gas, commercial and defence shipbuilding and repair, heavy engineering, offshore fabrication, and real estate development.

The post Swan Energy rebrands as Swan Corp appeared first on Swan Corp.

Founded over a century ago, Swan Corp has steadily expanded beyond its origins in textiles to establish a presence across vital sectors of the Indian economy. Its operations now span oil & gas, commercial and defence shipbuilding and repair, heavy engineering, offshore fabrication, and real estate development.

The post Swan Energy rebrands as Swan Corp with focus on high-growth sectors appeared first on Swan Corp.

Through the QIP, the promoter, Hazel Infra, will reduce 5 percent stake from 94.91 percent held in the Swan Defence. Hazel Infra is a special purpose vehicle floated by Swan Energy for taking over Reliance Naval & Engineering from insolvency resolution.

The post Swan Defence and Heavy Industries plans to raise Rs 750 crore via QIP appeared first on Swan Corp.

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 company from “Swan Energy Ltd” to “Swan Corp Ltd”. It also recommended a dividend of 0.1 per share for FY25.

The post Swan Energy net rises 49% in FY25 appeared first on Swan Corp.

The company is fully focused on growth and in-parallel is continuously endeavoring to reduce debt from the balance sheet, Swan Energy said in a statement.

The post Swan Energy subsidiary prepays Rs 2,206 crore loan; significantly reduces Group’s debt burden appeared first on Swan Corp.

The QIP garnered significant 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, Nomura, Diamond Asia, Bank of India Mutual Fund, ITI Mutual Fund, Goldman Sachs, Future Generali, Anand Rathi, and other domestic and foreign institutions and family offices.

The post Swan Energy raises Rs 3000 crore via QIP issue appeared first on Swan Corp.

The fund will be deployed to modernise the recently acquired Reliance Naval and Engineering’s shipyard at Pipavav. Additionally, a portion of the fund will be allocated for project expansion and debt reduction.

The post Swan Energy raises Rs 3,000 cr via QIP appeared first on Swan Corp.