Swan Defence And Heavy Industries Ltd

Swan Defence And Heavy Industries Limited: Trading Window closed from October 1, 2026; will reopen 48 hours after the Unaudited Financial Results for the quarter and half year ended September 30, 2026 are announced/declared.

Scheme update

• NCLT order approved the Scheme.
• Certified copy filed with ROC.
• Scheme effective from 17 September 2026; Appointed Date 1 April 2024.
• Transferor: Triumph Offshore Private Limited; Transferee: Swan Defence and Heavy Industries Limited.

Meeting Details

• In-person group investor meetings with institutional investors scheduled 21–30 September 2026.

Participants

• Senior management to participate; roles include CEO and CFO, as applicable.

Purpose

• Investor interaction with institutional investors.

Meeting Details

• Dates: 17 and 18 September 2026; times not disclosed.

Participants

• Company management to participate in in-person investor meeting.

Purpose

• Purpose: in-person investor interaction with institutional investors.

Additional Notes

• No unpublished price-sensitive information will be shared at the meetings.

AGM Details

• AGM held on 02-09-2026 at 11:30 IST via VC/OAVM.
• Meeting concluded at 12:39 IST.
• Record date for voting: 26-08-2026.
• Quorum: 50 shareholders online; 89.90% of equity represented.

Key Resolutions and Outcomes

• Resolution 1: Adoption of standalone FY2026 financial statements — ordinary; passed.
• Resolution 2: Adoption of consolidated FY2026 financial statements — ordinary; passed.
• Resolution 3: Re-appointment of Vivek Merchant as director, retiring by rotation — ordinary; passed.
• Resolution 4: Re-appointment of Bhavik Merchant as director, retiring by rotation — ordinary; passed.
• Resolution 5: Fund raising via issuance of securities (QIP/debt/preferential) — special; passed.
• Resolution 6: Approval of material related party transactions — ordinary; passed.
• Resolution 7: Approval of loans/guarantees/security under Section 185 — special; passed.
• Resolution 8: Approval of investments/loans/guarantees beyond Section 186 — special; passed.

Dividend and Director Changes

• Dividend: No dividend proposed or declared.
• Directors: Vivek Merchant and Bhavik Merchant re-appointed (retiring by rotation).

Related Party and Other Approvals

• Material Related Party Transactions approved; notable governance item.
• Fund raising approvals include QIP/debt/preferential issuance.
• Approvals under Sections 185 and 186 approved for related party transactions and investments.

Voting and Scrutiny Details

• Scrutinizer appointed: Jignesh M. Pandya; NSDL e-voting used before and during AGM.

Board approves results

• Board approved unaudited standalone and consolidated results for quarter ended 30 June 2026.
• Limited Review Report by statutory auditors attached.

Amalgamation with Triumph Offshore

• Scheme of Arrangement with Triumph Offshore approved November 22, 2024.
• NCLT Ahmedabad approved amalgamation; actions to implement in Q2 FY27.
• SDHI to issue 1325 8% NCD prefs per 1000 TOPL shares.

Financials / segment

• Single segment: shipbuilding repairs and heavy fabrication.

Auditor notes & consolidation

• Consolidated results include associate Conceptia Software Technologies Private Limited.
• Interim information for three subsidiaries not available.

Disclosures

• Results will be available on the company website.