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SWANDEFNSESWAN DEFENCE N HEVY IND LMediumNeutral
Announced Thu, 17 Sept, 2026 · 17:28 IST

Amalgamation with Triumph Offshore effective from 17 Sept 2026

Scheme filed with the NCLTStrategic Transactions View source PDFExplain this filing

SWANDEF · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+2.0%Reaction day
₹2700.00
prior close
₹2720.80
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+0.4% vs market

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.8
10m
+0.2
15m
-0.0
30m
+0.3
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
+2.0+1.6+0.4
Next day
+0.7+1.5-0.7
2d
+0.6+1.9-1.3
3d
+2.8+3.2-0.4
4d
+0.6+1.7-1.1
5d
+0.0+2.0-2.0
1w
+0.0+1.4-1.4
15d
+8.9-0.8+9.7
1m
+6.7-2.5+9.3
2m
———
3m
———
UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Swan Defence and Heavy Industries has made its Scheme of Amalgamation with Triumph Offshore Private Limited effective from 17 September 2026. NCLT Ahmedabad had approved the scheme, and the certified order was filed with the Registrar of Companies on the same day. The appointed date is 1 April 2024. Triumph Offshore merges into Swan Defence.

Likely market impact

Triumph Offshore now merged into Swan Defence effective 17 Sept 2026. Watch for share allotment to Triumph Offshore shareholders and any related disclosures.