What we do

Our Leadership

CHAIRMAN

Mr. Navinbhai Chandulal Dave

Mr. Navinbhai Chandulal Dave is an eminent Industrialist, Public Personality, Social Philanthropist, and Educationalist based in Mumbai, with an experience of more than 60 years in various areas of real estate, textiles, and education.

MANAGING DIRECTOR

Mr. Nikhil Merchant

Mr. Nikhil Merchant, has a total experience of more than 35 years in all functional areas of textile, real estate, and oil & gas sectors. Mr. Merchant has completed his B.S. in textile engineering from U.S.A and his M.E.P degree from IIM Ahmedabad. He is a visionary and motivated business leader, with outstanding public relations management, and a detail-oriented multitasker who thrives in business environments.

EXECUTIVE DIRECTOR

Mr. Paresh Merchant

With more than 3 decades of experience in the textile, real estate, and oil and gas sectors, Mr. Merchant is responsible for company operations and strategies. He has an educational background in finance and has completed his M.E.P from IIM Ahmedabad. Mr. Merchant has a deep understanding of streamlining business operations and engaging employees in order to achieve company objectives and increase overall profit.

Mrs. Vinita Patel

Mrs. Vinita Patel has an extremely perceptive and sharp business mind. A chartered accountant herself, with a flair for multitasking, she brings passion, experience, and knowledge to the table, which is a great asset to the group. Mrs. Patel is adept at handling the day-to-day operations of the port business of the group.

Mr. Vivek Merchant

Having completed his Engineering from the University of Michigan, Ann Arbor, Vivek is a young, enterprising pacesetter with an astute mind for business. Mr. Merchant architects the ongoing and day-to-day operations of the textile business of the group and identifies and aligns company programs with organizational goals.

Mr. Bhavik Merchant

Bhavik is a dynamic and spirited young mind with an economics degree from the University of California, Los Angeles (UCLA). He directs the department operations in accordance with company missions and focuses on managing and overseeing the day-to-day operations of the port business for the group.

Directors + -

MR. RAJKUMAR SUKHDEVSINHJI - Non-Executive/ Independent Director

MR. PITAMBER S. TECKCHANDANI - Non-Executive/ Independent Director

MR. SHOBHAN I. DIWANJI - Non-Executive/ Independent Director

MR. RAJAT KUMAR DAS GUPTA - Non-Executive/ Independent Director

MRS. SUREKHA N. OAK - Non-Executive/ Independent Director

MR. PADMANABHAN SUGAVANAM - Whole time Director

Stakeholders Relationship Committee + -

MR. PARESH V. MERCHANT

MRS. SUREKHA N. OAK

MR. NAVINBHAI C. DAVE

Audit Committee + -

MRS. SUREKHA N. OAK

MR. SHOBHAN I. DIWANJI

MR. RAJKUMAR SUKHDEVSINHJI

CSR Committee + -

MR. PARESH V. MERCHANT

MR. PITAMBER S. TECKCHANDANI

MR. RAJKUMAR SUKHDEVSINHJI

Nomination & Remuneration Committee + -

MR. SHOBHAN I. DIWANJI

MRS. SUREKHA N. OAK

MR. PITAMBER S. TECKCHANDANI

2021

TEXTILE

Swan increase processing capacity at its textile until to 30 lakh meters a month.

2020

TEXTILE

OCS (Organic cotton standards) and GOTS (global organic textile standard) certification received.

2020

LNG

Achieved financial closure for Swan LNG Private Limited. The FSRU vessel was delivered to Hyundai Heavy Industries Shipyard, South Korea.

2017

LNG

Swan LNG enters into a strategic partnership with Mitsui OSK Lines, Tokyo, Japan, for its LNG project in Gujarat.

2017

REALTY

The 2,91,000 sq. ft. commercial tower is completed and leased out to Google Connect Services India Pvt, Ltd in Hyderabad.

2017

LNG

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.

2016

LNG

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

2013

REALTY

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

2012

LNG

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.

2012

REALTY

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

2012

REALTY

egasus Ventures Pvt. Ltd. ( a subsidiary of Swan energy Limited) acquires semi- finished properties and land parcels in South India.

2011

TEXTILES

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

2011

REALTY

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

2008

SWAN ENERGY LIMITED

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

2008

REALTY

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.

2008

REALTY

Realty subsidiary incorporated - Cardinal Energy and Infrastructure Private limited.

2004

REALTY

Swan forays into real estate; partners with Piramal Holdings Limited to develop Swan Mills land in Mumbai.

1992

TEXTILES

Swan Mills Ltd. is established - a composite textile mill with spinning, weaving, and processing activities at Sewri and Kurla, Mumbai.

2021

TEXTILE

Swan increase processing capacity at its textile until to 30 lakh meters a month.

2020

TEXTILE

OCS (Organic cotton standards) and GOTS (global organic textile standard) certification received.

2020

LNG

Achieved financial closure for Swan LNG Private Limited. The FSRU vessel was delivered to Hyundai Heavy Industries Shipyard, South Korea.

2017

LNG

Swan LNG enters into a strategic partnership with Mitsui OSK Lines, Tokyo, Japan, for its LNG project in Gujarat.

2017

REALTY

The 2,91,000 sq. ft. commercial tower is completed and leased out to Google Connect Services India Pvt, Ltd in Hyderabad.

2017

LNG

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.

2016

LNG

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

2013

REALTY

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

2012

LNG

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.

2012

REALTY

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

2012

REALTY

Pegasus Ventures Pvt. Ltd. ( a subsidiary of Swan energy Limited) acquires semi-finished properties and land parcels in South India.

2011

TEXTILES

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

2011

REALTY

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

2008

SWAN ENERGY LIMITED

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

2008

REALTY

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.

2008

REALTY

Realty subsidiary incorporated - Cardinal Energy and Infrastructure Private limited.

2004

REALTY

Swan forays into real estate; partners with Piramal Holdings Limited to develop Swan Mills land in Mumbai.

1992

TEXTILES

Swan Mills Ltd. is established - a composite textile mill with spinning, weaving, and processing activities at Sewri and Kurla, Mumbai.

Our Vision

Our core endeavour is to present India with a better tomorrow. Swan Energy kicked-off its journey with a foundation in the Textile business.

Over the past three decades, we have expanded and successfully ventured into the Real Estate and Oil and Gas industries.


We are dedicated to innovation-centric, exponential growth that creates a lasting impact on society.

Our ultimate vision revolves around increasing our threshold and establishing leadership in our industries of interest.

Our business ethos, and ambition to become a global powerhouse, continues to propel us in the direction of positive change.

Our core endeavour is to present India with a better tomorrow. Swan Energy kicked-off its journey with a foundation in the Textile business. Over the past three decades, we have expanded and successfully ventured into the Real Estate and Oil and Gas industries. We are dedicated to innovation-centric, exponential growth that creates a lasting impact on society. Our ultimate vision revolves around increasing our threshold and establishing leadership in our industries of interest. Our business ethos, and ambition to become a global powerhouse, continues to propel us in the direction of positive change.

Our Values

  • Commitment to our customers
  • Knowledge to push the boundaries of industry expertise
  • Effectively implementing sustainable practices
  • Determination to achieve our goals