Swan Energy Limited — Important, 03-02-2025: Updates

Agneyastra Innovations Private Limited, a subsidiary of Swan Energy Limited, has received a purchase order from Agneyastra Technion Private Limited valued at ₹111 crore for the supply, installation, and commissioning of AI-based comprehensive infra-secure items. The order is to be executed by October 10, 2025. Notably, Agneyastra Technion Private Limited holds a 40% stake in Agneyastra Innovations Private Limited, classifying this transaction as a related-party transaction that is being conducted at arm's length. This significant contract could enhance Swan Energy's operational capabilities and revenue potential, positioning it strategically within the AI and security sectors. Investors should monitor future developments as this agreement progresses.