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Corporate News

Swan Engitech pledged shares worth Rs 764.30 crore to secure a Rs 1,150 crore borrowing
06-Nov-2026, 12:12

Swan Engitech Works Private Limited disclosed to the BSE Limited and National Stock Exchange of India Limited that it has pledged 3,35,00,000 shares, representing 10.69% of the total share capital of Swan Corp Limited, as security for a financial facility obtained by a group entity. The value of the pledged shares amounts to Rs 764.30 crore, against a borrowing of Rs 1,150 crore, with IDBI Trusteeship Services Limited acting as the security trustee for the National Bank for Financing Infrastructure and Development (NaBFID).