Swan Defence approves Scheme of Arrangement with Triumph Offshore on May 25, 2026
Swan Defence and Heavy Industries · Industrial Manufacturing
Key highlights
- Scheme of Arrangement and Amalgamation between Triumph Offshore Private Limited and Swan Defence approved by Equity Shareholders on May 25, 2026, via VC/OAVM as per NCLT directions.
- Total votes cast in favor: 4,95,06,198 (99.9997%); against: 150 votes (0.0003%); no invalid votes; resolution passed with requisite majority.
- Voting conducted via remote e-voting (May 22-24, 2026) and e-voting during meeting; Scrutinizer Mubassir Jalees Khan certified the results as per SEBI and NCLT guidelines.
Why it's rated notable: Equity shareholders approved the Scheme of Arrangement and Amalgamation with Triumph Offshore Private Limited, but the filing states no value involved and the scheme remains subject to NCLT approval, so the event is non-binding and stays at medium.
Original filing
Shareholder Meeting / Postal Ballot-Outcome of Court Convened Meeting
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Swan Defence and Heavy Industries
- Order winNotableSwan Defence and Heavy Industries: H1 FY27 revenue ₹99.46 Cr; order book ~₹6,500 Cr
- Acquisition / mergerNotableSwan Defence's amalgamation scheme with Triumph Offshore effective from 17 Sept 2026
- Acquisition / mergerNotableSwan Defence gets NCLT order approving scheme merging Triumph Offshore Pvt Ltd
- Acquisition / mergerNotableNCLT sanctions Swan Defence and Heavy Industries amalgamation with Triumph Offshore
- Fundraise / allotmentNotableSwan Defence and Heavy Industries Ltd announces FY26 audited financials and fund raise plan
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Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.