NSECredit Rating- Others8 Jul 2026 · 8 Jul 2026, 07:59 pm
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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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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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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Limited has withdrawn the rating assigned to the Fund-based and Non Fund- based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