Swan Energy acquires stake in Swan Desilting

18 Nov 2019 Evaluate

Swan Energy has invested Rs 1 lakh in ‘Swan Desilting’ for purchase of its 100% equity shares, equivalent to 10,000 equity shares of Rs 10 each. By virtue of this, ‘Swan Desilting’ has become a 100% subsidiary company of the company.

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.

Swan Energy Share Price

667.10 2.95 (0.44%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
PDS 475.00
Vardhman Textiles 445.00
Arvind 269.20
Welspun Living 137.65
Alok Inds 25.75
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