Swan Defence and Heavy Industries logo

Swan Defence and Heavy Industries share news and announcements

NSE: SWANDEFBSE: 533107Industrial ManufacturingSmall Cap

Formerly Reliance Defence and Engineering
Last close ₹2,711.90down ₹142.70 (5.00%)BSE ₹2,696.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹2,854.60.

52-week range of traded prices to 23 Oct 2026
₹736.45Low, 27 Oct 2025₹3,020.00High, 13 Oct 2026
Market cap
₹14,287 Cr562nd largest listed
P/E
40.9
P/B
6.3
Dividend yield
Nonein the last 12 months
ROE
27.9%
ROCE
−11.0%
Debt to equity
0.51
Volume, NSE
18,854

Swan Defence and Heavy Industries share news and announcements

758 announcements, routine notices left out, newest first. Page 14 of 16.

  1. Nov 2012

  2. Oct 2012

    • 30 Oct · Board meeting

      Inter alia, to consider and approve the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2012.
  3. Sep 2012

  4. Aug 2012

  5. Jul 2012

  6. Jun 2012

  7. May 2012

    • 22 May · Board meeting

      Inter alia, to consider and approve the Audited Financial Results of the Company for the year ended March 31, 2012.
    • 15 May · Results

      Company will be submitting audited financial results for the year ended March 31, 2012 within 60 days of the end of the financial year i.e. on or before May 30, 2012. In view of the same, unaudited financial results for the quarter ended March 31, 2012 will not be published.
    • 3 May · Updates

      Pursuant to the Joint Venture guidelines issued by the Ministry of Defence, Government of India, for establishing joint venture companies by Defence Public Sector Undertakings (DPSUs), Mazagon Dock Limited, the premier defence shipyard of the Ministry of Defence, Government of India, has conveyed vide its letter dated May 2, 2012 that Pipavav Defence and Offshore Engineering Company Limited has been chosen as its partner for formation of Joint Venture to build warships for Indian Navy.
  8. Apr 2012

    • 27 Apr · Updates

      Board of Directors of the Company at its meeting held on April 27, 2012, inter alia, subject to the approval of Members of the Company and other requisite statutory approvals in accordance with applicable laws, rules and regulations, approved raising of funds up to USD 200 Million by way of issue of non-convertible bonds and /or ECB and/ or FCCB and/ or any other convertible instruments in one or more tranches.
  9. Feb 2012

  10. Jan 2012

  11. Dec 2011

    • 14 Dec · Business

      Securities Allotment & Transfer Committee ("SAT Committee") of the Board of Directors of the Company at its meeting held on December 12, 2011, has transacted the following business: (1) Pursuant to the Special Resolution passed by the members of the Company at the Annual General Meeting held on October 05, 2011, in-principle approval received from Stock Exchange, the SAT Committee has allotted 1,00,00,000 Convertible Warrants ("Warrant") of face value of Rs. 78/- (Rupees Seventy Eight only) each for cash, to Grevek Investments and Finance Pvt. Ltd., one of the Promoters of the Company. Each Warrant is convertible into one fully paid-up equity share of the Company of Rs. 10/- (Rupees Ten only) each on receipt of balance consideration payable on conversion, at any time prior to 18 months from the date of allotment.
  12. Nov 2011

    • 22 Nov · Issue of Securities

      Pipavav Defence and Offshore Engineering Company Limited ("the Company") successfully delivered "The Golden Suek", one no. 74,500 DWT Panamax Bulk Carrier to GOLDEN SAPPHIRE INC. nominated by GOLDEN OCEAN GROUP LTD., a company headquartered in Norway. This is the largest dry bulk carrier ever built in India. Further the Company has informed that the Board of Directors of the Company, through resolutions passed by circulation has approved the following: (1) Increase in the Authorised Share Capital of the Company from Rs. 800 Crore to Rs. 1,000 Crore. (2) Issue of upto 81,880,000 (Eighty One Million Eight Hundred Eighty Thousand) fully paid-up equity shares of face value of Rs. 10/- (Rupees Ten only) each of the Company to an International Strategic Investor ("the Investor"), in one or more tranches, at a price not less than Rs. 110/- (Rupees One Hundred and Ten only) per equity share or price to be determined pursuant to formula prescribed in the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, whichever is higher, subject to the approval of Members of the Company and other requisite approvals. (3) The aforesaid investment will be a long term strategic investment in the Company. The Investor will initially subscribe to 5% of the paid-up capital of the Company and within specified time will increase its holding in the Company upto 10% of the paid-up capital of the Company. (4) The Investor is a leading and extremely reputed global conglomerate with strong interest in defence sector. The Investor will bring in critical technology required for manufacture of complex and critical equipments, systems required by armed forces i.e. Navy, Army and Air force. The Investor will have a right to nominate one director on the Board of the Company.
    • 16 Nov · Business

      Securities Allotment & Transfer Committee ("SATC Committee") of the Board of Directors of the Company at its meeting held on November 14, 2011 has transacted the following business: (1) In terms of the Special Resolution passed by the members of the Company at the Annual General Meeting held on October 5, 2011, in-principle approvals received from the Stock Exchanges the SATC Committee has made preferential allotment of 1,05,00,000 Convertible Warrants ("Warrant") of face value of Rs. 78/- (Rupees Seventy Eight only) each for cash, as per following details: (i) Name of the Proposed Allottees : Mr. Rakesh Jhunjhunwala - No. of Warrants allotted : 50,00,000 ;(ii) Name of the Proposed Allottees : Ms. Rekha Jhunjhunwala - No. of Warrants allotted : 50,00,000 ;(iii) Name of the Proposed Allottees : Mr. Utpal Sheth - No. of Warrants allotted : 5,00,000. Each Warrant is convertible into one fully paid-up equity share of the Company of Rs. 10/- (Rupees Ten) each on receipt of balance consideration payable on conversion, at any time prior to 18 months from the date of allotment. (2) The SATC Committee, at its meeting held on May 19, 2010, had allotted 2,54,00,000 10% Fully, Compulsorily and Mandatorily Convertible Unsecured Debentures of face value of Rs. 70/- each ("CCDs") to Valiant Mauritius Partners FDI Limited ("Valiant"). Foreign Investment Promotion Board (FIPB) has approved conversion of 2,54,00,000 CCDs into 2,54,00,000 fully paid-up equity shares of Rs. 10/- each of the Company at a premium of Rs. 60/- per equity share to Valiant. Accordingly, the SATC Committee has allotted 2,54,00,000 fully paid-up equity shares of Rs. 10/-each to Valiant.
    • 3 Nov · Board meeting

      Inter alia, to consider and approve the Unaudited Financial Results of the Company for quarter and half year ended September 30, 2011.
  13. Oct 2011

    • 17 Oct · Updates

      (1) The Income-Tax department visited the premises of Pipavav Defence and Offshore Engineering Company Limited (formerly known as Pipavav Shipyard Limited) ("the Company"). IT officials visited for verification of certain issues for which required information was provided to their satisfaction. The management of the Company extended full co-operation to the authorities.(2) There was no disruption of any kind at the production units and the business of the Company was carried out as usual.
    • 7 Oct · Meeting

      Annual General Meeting of the Company was held on October 05, 2011. The Members of the Company have passed all the resolutions as set out in the Notice dated September 06, 2011 convening AGM of the Company, with requisite majority.
  14. Sep 2011

    • 28 Sep · Updates

      (1) Pipavav Defence and Offshore Engineering Company Limited (formerly known as Pipavav Shipyard Limited) ("the Company"), SKIL Infrastructure Limited, and Airbus Industry, France, have signed a Memorandum of Understanding (MOU) to develop state-of-the-art M.R.O. (Maintenance, Repair and Overhaul) facilities and associated infrastructure in India; (2) This will be a one of its kind joint venture being set up in India with equity participation from EADS, France which is the global leader in defence and aerospace; (3) EADS will pick up 26% equity in the project and may further increase it to 49%; (4) EADS, with revenue upwards of USD 30 Billion, is the global leader in defence and aerospace equipment and a valuable partner for the joint venture; (5) The 1st phase MRO facilities and associated infrastructure are likely to cost USD 100 Millions; (6) The Company will be holding 51% stake in the JV Company; (7) The MRO facilities and associated infrastructure will be used for civilian and military applications.
    • 23 Sep · Change in Company Name / Symbol

      Members of the Exchange are hereby informed that the name of Pipavav Shipyard Limited shall be changed to Pipavav Defence and Offshore Engineering Company Limited and the trading symbol of the Company be changed from PIPAVAVYD to PIPAVAVDOC w.e.f. September 29, 2011.
    • 12 Sep · News Verification

      News Verification : The media had reports that Pipavav Shipyard Limited may receive a large order from Mazgaon Dock in Mumbai. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Pipavav Shipyard Limited has vide its letter inter-alia stated, "Mazagon Dock Limited (MDL) had sent to the Company in March 2011, a copy of their Expression of Interest entitled "Synergising Efforts of MDL in Shipbuilding" inviting private sector shipyards to submit proposals for a joint collaborative strategy to meet the challenging timelines in order to liquidate the order book of MDL. The Company had responded to the same, and in response, the Company has received a Letter of Intent from Mazagon Dock Limited, advising us that the meeting of Board of Directors of MDL held on September 09, 2011 has approved the Company as the Joint Venture Partner, and that the JV (Joint Venture) would be named as the Mazagon Dock Pipavav Limited (MDPL). The Board of Directors of the Company at its meeting held today i.e September 12, 2011 has unanimously approved the setting up of the JV with MDL."