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Swan Energy informs about proposed strategic investment

16 Dec 2021 Evaluate

In compliance to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, Swan Energy has informed that the company has decided to join Hazel Mercantile Limited (HML), as a strategic partner through a SPY, in the event Resolution Plan, submitted by HML to acquire Reliance Navel and Engineering (RNRL) from NCLT, is approved.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Vardhman Textiles 530.20
Welspun Living 264.50
Arvind 499.75
Raymond Lifestyle 511.50
K.P.R. Mill 1174.05
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