Swan Defence and Heavy (SWANDEF) — Voting Results

📢 Key Event
All eight AGM resolutions passed with near-unanimous shareholder approval.

🔄 What Changed
Re-appointment of directors Vivek Merchant and Bhavik Merchant; approval of fund raising and related party transactions.

💡 Investor Takeaway
Shareholders endorsed management continuity and key financial actions, signaling confidence in the company's governance and strategic direction.

Swan Defence and Heavy Industries Ltd (SWANDEF) held its 29th AGM on 2 September 2026 via video conference, where shareholders approved audited standalone and consolidated financial statements for FY 2025-26, reappointed directors Vivek Merchant and Bhavik Merchant, sanctioned fund raising, related party transactions, and loans/guarantees under Section 185. All eight resolutions passed with near-unanimous approval, including special resolutions requiring higher thresholds, and the Scrutinizer's report confirmed compliance with SEBI disclosure norms.

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About Swan Defence and Heavy Industries Ltd (SWANDEF)

Services · Ship Building · Listed on BSE

Market Cap: ₹14,214.7 Cr ROE: -340.1% ROCE: -7.5%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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