Swan Defence and Heavy Industries promoter to sell 26 lakh shares at Rs 2,393 via OFS

Kinjal — Tue, 17 Mar 2026 14:14:58 +0000

Swan Defence and Heavy Industries Limited (SDHI) has announced that its promoter, Hazel Infra Limited, intends to sell up to 26,38,747 equity shares of the company through an Offer for Sale (OFS) mechanism. The proposed transaction is scheduled to take place on the 18th and 19th of March, 2026.

The shares are to be sold at the current market price of ₹2393.95 per share, as recorded on the Bombay Stock Exchange (BSE) on the 16th of March, 2026. Hazel Infra Limited, which holds 5,00,00,000 shares of SDHI, has submitted the necessary application for pre-clearance approval in accordance with the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018.

The transaction will be conducted through the stock exchange mechanism, ensuring transparency and compliance with regulatory requirements. Hazel Infra Limited has also provided an undertaking, confirming that it is not in possession of any unpublished price-sensitive information at the time of the application.

The sale of these shares is part of Hazel Infra Limited’s strategic decision to divest its holdings in SDHI. The compliance officer of SDHI has been informed, and all necessary documentation for pre-clearance has been submitted for review.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Kinjal and reviewed by Markets Desk before publication.

Swan Defence and Heavy Industries plans offer for sale to achieve minimum public shareholding

Business Desk — Mon, 09 Mar 2026 12:49:24 +0000

Swan Defence and Heavy Industries has received communication from promoter Hazel Infra Limited expressing intention to evaluate a proposal to sell approximately 5.01% of the company’s equity shares through an Offer for Sale (OFS) mechanism.

The potential sale aims to achieve Minimum Public Shareholding (MPS) requirements. As of 9 March 2026, the proposal remains under evaluation, with the company stating it will make further disclosures in accordance with SEBI regulations and applicable circulars upon receiving final confirmation from the promoter.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

This article is written by Business Desk and reviewed by News Desk before publication.

Hazel Infra Limited | Business Upturn

Swan Defence and Heavy Industries promoter to sell 26 lakh shares at Rs 2,393 via OFS

Swan Defence and Heavy Industries plans offer for sale to achieve minimum public shareholding