Nikhil V. Merchant has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
SWANCORP · price
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Awaiting price reaction for this filing.
Nikhil Merchant, on behalf of all promoters and the promoter group of Swan Energy Limited, has filed the annual Regulation 31(4) disclosure for FY ended March 31, 2025. He confirms that no new encumbrances (such as pledges or liens) were created on the promoters' shares during the year, other than those already disclosed or shown through the depository's system-driven disclosures. The filing also lists the 15 promoter and promoter group entities (including 3 individual promoters and 12 promoter group companies) as Annexure-A, along with their PANs. This is a routine yearly compliance submission, not a new transaction.
This is a standard annual compliance filing and is neutral for the stock. It reassures investors that promoters have not pledged or encumbered additional shares during the year, which removes one potential concern but carries no positive or negative price implication.