Swan Defence and Heavy Industries Limited — Others, 03-06-2025: News Verification

Swan Defence and Heavy Industries has formed a committee to explore ways to meet minimum public shareholding norms through equity issuance, possibly via public or private offerings including QIP. Discussions with intermediaries are underway, but no decisions on size, method, or valuation have been made. The company clarified it holds no undisclosed price-sensitive information related to recent trading, and a media report about a Rs 750 crore QIP is speculative with no impact on its operations or financial position currently.