NSECredit Rating- Others8 Jul 2026 · 8 Jul 2026, 07:59 pm

Credit Rating- Others

Swan Defence and Heavy Industries Limited · SWANDEF

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Swan Defence and Heavy Industries Limited has informed the Exchange about the withdrawal of credit rating assigned to Bank Facilities of Reliance Naval and Engineering Limited by Brickwork Ratings India Private Limited.

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Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk6/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10

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Swan Defence and Heavy Industries Limited has informed the Exchange about Intimation of Withdrawal of Credit Rating assigned to Bank Facilities of Reliance Naval and Engineering Limited by Brickwork Ratings India Private Limited

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SWANRNEL_08072026195906_Withdrawal_of_Credit_Rating.pdf

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SDHIL/SE/37/2026-27 8th July, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Fort, G Block, Bandra Kurla Complex, Mumbai – 400001 Bandra (E), Mumbai – 400051 BSE Scrip Code : 533107 NSE Symbol : SWANDEF Dear Sir/Madam, Subject: Intimation of Withdrawal of Credit Rating assigned to Bank Facilities of Reliance Naval and Engineering Limited by Brickwork Ratings India Private Limited. Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Pursuant to Regulation 30 read with read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations"), we wish to inform that at the request of the Company and based on the no-objection certificate received from the bankers, Brickwork Ratings India Private Limited has withdrawn the rating assigned to the Fund-based and Non Fund- based facilities availed by Reliance Naval and Engineering Limited, a Company acquired under the Corporate Insolvency Resolution Process (CIRP). The said entity is now known as Swan Defence and Heavy Industries Limited. The Press Release from Brickwork Ratings India Private Limited in this regard is available at the link https://www.brickworkratings.com/PressRelease.aspx. The above is for your information and record. Thank you. Yours faithfully, For Swan Defence and Heavy Industries Limited [formerly known as Reliance Naval and Engineering Limited] Priti P. Dave Company Secretary & Compliance Officer ACS:- 19469 SWAN DEFENCE AND HEAVY INDUSTRIES LIMITED (Formerly known as Reliance Naval and Engineering Limited) Registered Office: Pipavav Port, Post Ucchaiya, Via-Rajula, Dist. Amreli - 365 560, Gujarat Corporate Office: Vakils House, 1st Floor, Shri Shivsagar Ramgulam Marg, Ballard Estate, Mumbai - 400 001 +91 22 4058 7300 | info@swan.co.in | www.sdhi.co.in | CIN - L35110GJ1997PLC033193