Preserving the past and embracing the future with our legacy

Resumption of share trading of RNEL as Swan Defence and Heavy Industries Limited (SDHI) on BSE and NSE.

Strategic MoU with Garden Reach Shipbuilders & Engineers Limited (GRSE) to enhance indigenous commercial shipbuilding capabilities.

Swan takes management control of Reliance Naval and Engineering Limited (RNEL) and begins restoration of India’s largest shipyard.

SDHI successfully undertakes three refits for the Indian Coast Guard and delivers each vessel ahead of schedule.

Achieves significant debt reduction with successful raise of ~ ₹3,320 crore through a Qualified Institutions Placement (QIP).

Achieves highest ever income of ₹ 6,884 crore; reports record-breaking profitability for FY25.

Sale of Floating Storage and Regasification Unit (FSRU) 'Vasant-1'.

Swan’s wholly owned subsidiary Cardinal Energy and Infrastructure Pvt. Ltd. (CEIPL) achieves major milestone; receives Occupational Certificate.

Swan acquires majority stake in Veritas (India) Limited.

One of the first luxury residential projects in Bengaluru, Cardinal One begins sales.

Swan’s bid for the acquisition of Reliance Naval Engineering Limited receives NCLT nod.

Swan increases its processing capacity at the textile unit up to 30 lakh metres a month.

The textile business receives Organic Cotton Standards (OCS) and Global Organic Textile Standard (GOTS) certification.

Achieves financial closure for Swan LNP Private Limited.

Swan takes delivery of the 1st ever Indian Flag bearing newly built FSRU from Hyundai Heavy Industries Shipyard, South Korea.

Swan LNG enters a strategic partnership with Mitsui O.S.K Lines, Japan for its LNG project in Gujarat.

2.91lk sq feet Technova Business Park is completed and leased to Google Connect Services India Pvt. Ltd. in Hyderabad

Swan, through its subsidiary Triumph Offshore Pvt. Ltd. places an order for a 180,000 cubic meter capacity FSRU with Hyundai Heavy Industries, South Korea.

Port development for the LNG terminal at Jafrabad commences through Swan LNG.

The third tower at the I.T. Park developed (2,17,000 sq ft) at Kurla, Mumbai, is handed over to Equinox Business Parks Pvt. Ltd.

Swan enters the oil and gas sector - beginning work on setting up an FSRU- based LNG terminal at Jafrabad, Gujarat, through its subsidiary Swan LNG Private Limited.

The 2,95,000 sq. ft. commercial tower in Whitefield, Bengaluru, is completed and leased out to Harman Connected Services Corp (India) Pvt. Ltd.

Pegasus Ventures Pvt. Ltd. (a subsidiary of Swan Energy Limited) acquires properties and land parcels across South India.

A state-of-the-art textile processing unit in Ahmedabad commences operations with a capacity of 20 lakh meters per month.

The residential project at Sewri, Ashok Gardens, is completed and delivered.

The name of the company changes to Swan Energy Ltd. as Swan was in the process of diversifying into the energy sector.

Two towers (2,76,000 sq ft.) are completed in the I.T. Park developed at Kurla, Mumbai and handed over to Equinox Business Parks Pvt. Ltd.