Don’t miss the latest developments in business and finance.

Swan Energy update on change in shareholding of subsidiary

Image
Capital Market
Last Updated : Feb 08 2018 | 12:34 PM IST

Swan Energy holds 63% stake in Swan LNG

Swan Energy announced that subsequent to the execution of the stakeholders' and share subscription agreement, Swan LNG, 100% subsidiary of the company till now has allotted its equity shares of face value of Rs 10 each to the following entities -

Gujarat State Petronet (8730 shares; 11% holding in Swan LNG)
Gujarat Maritime Board (11905 shares; 15% holding in Swan LNG)
FSRU Venture India One (8730 shares; 11% holding in Swan LNG)

After the allotments, Swan Energy holds 63% of the paid up equity share capital of Swan LNG.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 08 2018 | 12:13 PM IST

Next Story