Swan Energy has recently informed exchanges that its subsidiary, Agneyastra Innovations, secured a significant purchase order worth ₹111 crore from Agneyastra Technion Private Limited. The contract involves the supply, installation, and commissioning of AI-based comprehensive infra-security solutions.
This major order underscores the growing demand for advanced security infrastructure powered by artificial intelligence in India. As a domestic project, it aligns with the country’s push for self-reliant technological advancements in security and infrastructure sectors. The contract is set for completion by October 10, 2025.
Agneyastra Technion holds a 40% stake in Agneyastra Innovations, making this a related party transaction. However, the deal is being executed on an arm’s length basis, ensuring compliance with regulatory guidelines. The disclosure follows Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
With AI-driven security solutions gaining traction, this deal highlights Swan Energy’s commitment to innovation and technological excellence. The collaboration between Agneyastra Innovations and Agneyastra Technion reinforces their position in India’s evolving infra-security landscape.
In the meantime, Swan Energy shares opened today at ₹548.15, reaching a high of ₹551.00 and a low of ₹532.05. The stock’s 52-week range spans from ₹437.10 to ₹809.80. As of 12:50 PM, the shares were trading 4.13% lower at Rs 541.05.
