Swan Defence and Heavy Industries Limited shares to recommence trading at the Exchanges (NSE/BSE).

Mumbai, January 17, 2025: Swan Defence and Heavy Industries Limited (SDHI), a key private player in commercial & defence shipbuilding, ship repairs, and heavy fabrication in India, will recommence trading of its shares at BSE/NSE under the script code – 533107/SWANDEF. The shares will be available for trading with effect from January 20, 2025.

Swan Energy Limited gained management control of Swan Defence and Heavy Industries Limited in January 2024. As part of its operational revival, the company recently completed the refit of the Indian Coast Guard's fast patrol vessel, Raj Ratan, ahead of schedule, demonstrating its execution capabilities. The company is now gearing up to commence its shipbuilding operations at the shipyard.

Speaking about the development, Vivek Merchant, Director, Swan Defence and Heavy Industries Limited said, "The resumption of trading in Swan Defence and Heavy Industries shares marks the beginning of a new journey for the shipyard. With our strategic location, state-of-the-art infrastructure and steady growth trajectory, we are uniquely positioned to transform our shipyard into a premier global maritime hub. Our vision is to establish the shipyard as a globally renowned centre of innovation and craftsmanship, playing a pivotal role in elevating India's standing amongst the world's top shipbuilding nations." 

_____________________________________________________________________________________________

For a deeper dive into the dynamic world of Industrial Automation and Robotic Process Automation (RPA), explore our comprehensive collection of articles and news covering cutting-edge technologies, robotics, PLC programming, SCADA systems, and the latest advancements in the Industrial Automation realm. Uncover valuable insights and stay abreast of industry trends by delving into the rest of our articles on Industrial Automation and RPA at www.industrialautomationindia.in