Announced Mon, 22 Jun · 13:15 IST

Swan Defence: NCLT hearing set for July 17 on Triumph Offshore merger

SWANDEF · price

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▲ 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
+6.5%1-day move
₹2019.10
prior close
₹2120.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.7+0.0-0.7+6.5+6.0+10.4+9.0+10.2+16.6+9.9+19.3
Up moveDown movePending
AI summary

Swan Defence filed a scheme of amalgamation with Triumph Offshore Private Limited before NCLT Ahmedabad. The petition was admitted on June 11, 2026, with final hearing scheduled for July 17, 2026. Newspaper ads were published in Business Standard and Jansatta on June 22, 2026 to inform shareholders and creditors about the upcoming hearing.

Likely market impact

NCLT hearing on July 17 is a key milestone. If approved, Triumph Offshore will merge into Swan Defence, expanding its business scope.