Swan Defence achieves minimum public shareholding with recent offer for sale

Yash Agarwal — Mon, 23 Mar 2026 09:45:14 +0000

Swan Defence and Heavy Industries has successfully met the requisite Minimum Public Shareholding (MPS) following a recently concluded Offer for Sale (OFS) on 19th March 2026. The sale involved 26,38,747 equity shares offloaded by the company’s promoters.

The revised shareholding structure now stands at 89.90% held by promoters and 10.10% by the public, totalling 5,26,82,150 shares. This adjustment aligns the company with regulatory requirements, ensuring compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The strategic move to increase public shareholding is part of Swan Defence‘s ongoing efforts to enhance transparency and broaden its investor base. The company’s adherence to regulatory mandates reflects its commitment to maintaining robust governance standards.

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

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

Priti P. Dave | Business Upturn

Swan Defence achieves minimum public shareholding with recent offer for sale