Swan Energy Limited — Others, 14-11-2024: Monitoring Agency Report

Swan Energy has reported that the Monitoring Agency Report for the quarter ended September 30, 2024, indicates no deviations in the utilization of funds raised through its Qualified Institutional Placement (QIP) totaling ₹3,319.17 crore. During this period, the company utilized ₹321.68 crore, with ₹294.71 crore allocated for general corporate purposes. The management maintains a positive outlook, as funds are being efficiently deployed per the outlined objectives, reinforcing investor confidence in the company’s operational stability and strategic direction.