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Swan Defence and Heavy Industries Limited announced the effective date of its scheme of amalgamation with Triumph Offshore Private Limited, effective September 17, 2026.
Swan Defence and Heavy Industries received the NCLT order approving its scheme of amalgamation with Triumph Offshore Private Limited. The merger becomes effective upon ROC filing.
Swan Defence and Heavy Industries Limited shareholders met to approve a merger with Triumph Offshore Private Limited. The NCLT-ordered proceedings signal progress in the company's strategic restructuring.
Swan Defence and Heavy Industries Limited announced a meeting of equity shareholders on May 25, 2026, to approve the amalgamation of Triumph Offshore Private Limited into the company. The scheme also includes capital reduction and reorganization. This merger aims to consolidate group activities and leverage complementary capabilities in naval defense and heavy engineering.