Swan Defence and Heavy Industries Ltd

Other Announcement

Swan Defence and Heavy Industries Other Announcement

Swan Defence and Heavy Industries Limited submitted its quarterly certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period ended March 31, 2026. The report, issued by KFin Technologies, confirms compliance regarding the dematerialization and rematerialization of securities. This is a routine administrative disclosure with no immediate material financial impact.

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Swan Defence and Heavy Industries Bags ₹1,501 Cr Order

Swan Defence and Heavy Industries secured a Category 4 order (minimum ₹1,501 Crore) from Energy ONE Limited for four 92,500 DWT ammonia dual-fuel bulk carriers. These are India's first ammonia-fuelled ships, with the first delivery expected in October 2029. This landmark project highlights SDHI's technological advancement in green shipbuilding.

Value

₹1,501 Cr

Execution

First vessel delivery in October 2029, with subsequent deliveries at four-month intervals.