Announced Wed, 26 Aug, 2026 · 16:20 IST
NCLT approves amalgamation of Triumph Offshore into Swan Defence
SWANDEF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹2408.00
prior close
₹2427.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.4+0.5+1.6+1.7+0.9+1.7+6.6+3.8+14.4+7.6——
Up moveDown movePending
AI summary
NCLT Ahmedabad approved the amalgamation of Triumph Offshore Private Limited into Swan Defence and Heavy Industries Limited, with appointed date April 1, 2024. The scheme also adjusts about Rs 2,29,757 lakhs of Capital Reserve and Securities Premium against a Rs 2,10,649 lakhs debit balance in Retained Earnings to clean up the balance sheet. Both companies belong to the same group. Shareholding pattern is unchanged. The scheme becomes effective upon filing with the Registrar of Companies.
Likely market impact
Cleaner balance sheet via merger with group company; shareholding pattern unchanged. Effective once filed with RoC.