Swan Energy has invested Rs 1 lakh in ‘Triumph Offshore’ for purchase of its 100% equity shares, equivalent to 10,000 Equity Shares of Rs 10 each. By virtue of this, ‘Triumph Offshore’ has become a 100% subsidiary company of Swan Energy.
Swan Energy is engaged in trading in fabric as well as in development of properties. Their activity includes manufacturing and marketing of cotton and polyester sarees and shirtings in India. The company also engaged in the business of Textiles, Property Development.
