Swan Energy has acquired 100% equity shares of one of its group companies, i.e., Swan Mills (SML). Consequently, SML has become Wholly-Owned Subsidiary of the Company with effect from September 15, 2022. The acquisition is done to facilitate a support to the company in its Textile Division. The business of the company being acquired is in line with the business of the company.
Swan Energy is an emerging green energy company with a successful track record in infrastructure projects and textiles too.
