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Swan Energy Limited has provided an update regarding the acquisition of Reliance Naval and Engineering Limited (RNEL) through its Special Purpose Vehicle, Hazel Infra Limited (HIL). Notably, RNEL has undergone a name change to "Swan Defence and Heavy Industries Limited" as of January 2, following the issuance of a new Certificate of Incorporation from the Registrar of Companies in Ahmedabad. This strategic move could enhance the company's focus on defense and heavy industries, potentially positioning it for growth in these sectors. Stakeholders should monitor further developments as they arise, which may influence the company’s strategic direction and operational capabilities.