Swan Defence and Heavy Industries Limited — Credit Ratings, 08-07-2026: Credit Rating- Others

Swan Defence and Heavy Industries Limited announced Brickwork Ratings withdrew the credit rating for its fund-based and non-fund-based bank facilities. This action, initiated at the company's request with no-objection from bankers, pertains to facilities originally assigned to Reliance Naval and Engineering Limited, now known as Swan Defence. Investors note this administrative withdrawal.