Swan Defence and Heavy Industries Limited (SDHI), a prominent player in India’s commercial and defense shipbuilding, repairs, and heavy fabrication sectors, will resume the trading of its shares on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) starting January 20, 2025, under the script codes 533107/SWANDEF.
In January 2024, Swan Energy Limited assumed management control of Swan Defence and Heavy Industries Limited (SDHI). As part of its operational resurgence, SDHI recently completed the refit of the Indian Coast Guard’s fast patrol vessel, Raj Ratan, ahead of schedule, highlighting its strong execution capabilities. The company is now preparing to restart its shipbuilding operations at the shipyard.
Vivek Merchant, Director of Swan Defence and Heavy Industries, remarked, “The recommencement of trading in SDHI shares signifies the beginning of an exciting new phase for the shipyard. With our strategic location, cutting-edge infrastructure, and consistent growth, we are well-positioned to evolve into a leading global maritime hub. Our goal is to establish the shipyard as an internationally recognized center of innovation and craftsmanship, significantly contributing to enhancing India’s reputation among the world’s top shipbuilding nations.”
Swan Defence and Heavy Industries Limited, India’s largest shipbuilding and heavy fabrication company, is located on the country’s west coast. With a modern shipyard featuring a 662m x 65m dry dock and a fabrication capacity of 144,000 tons annually, SDHI stands at the forefront of maritime and heavy engineering innovation.
The company is committed to excellence, utilizing cutting-edge technology and world-class infrastructure to deliver high-quality solutions across the maritime and heavy fabrication sectors. Swan Defence is set to play a key role in advancing India’s maritime economy and industrial capabilities.
