Swan Energy Ltd News
Swan Energy shares fly 11%, hits record amid heavy volumes; up 35% in 1 mth
The shares of the company were in great demand, as a total of 0.66 million equity shares worth Rs 51.15 cr exchanged hands on the BSE, by 1:45 PM. Similarly, 24.19 million shares worth Rs 1,858.22 cr
 "Swan Energy shares fly 11%, hits record amid heavy volumes; up 35% in 1 mth")
Here's why Swan Energy shares jumped 5% on December 2; details here
The rise in the Swan Energy share price came after the company announced that it has resumed operations at its Shipyard ('Reliance Naval and Engineering Limited or RNEL')
 "Here's why Swan Energy shares jumped 5% on December 2; details here")
Swan Energy paid Rs 331 crore to lenders before due date of Dec 23, 2024
SEL had recently received approval from the NCLT-appointed monitoring committee of RNEL to constitute its own board, paving the way for a formal handover of management control
 "Swan Energy paid Rs 331 crore to lenders before due date of Dec 23, 2024")
Swan Energy's shares locked in upper circuit twice in two days; here's why
Shares of Swan Energy got locked in the 5 per cent upper circuit at Rs 727.20 per share on the NSE in Tuesday's early morning deals
 "Swan Energy's shares locked in upper circuit twice in two days; here's why")
BlackRock buys 4.55 mn shares of Swan Energy worth Rs 304 cr via block deal
Global asset manager BlackRock on Monday bought shares of Swan Energy for Rs 304 crore through open market transactions. US-based BlackRock through its three affiliates acquired 45.56 lakh shares, amounting to a 1.45 per cent stake in Mumbai-based Swan Energy, as per the block deal data available with the National Stock Exchange (NSE). The shares were picked up at an average price of Rs 668.27 apiece, taking the combined deal size to Rs 304.50 crore. Meanwhile, Mauritius-based private equity fund 2i Capital PCC, EOS Multi-Strategy Fund AIFLNP VCIC, Dovetail India Fund, Epitome Trading and Investments and Paulomi Ketan Doshi were among the entities which offloaded shares of Swan Energy. The shares were disposed of in the price range of Rs 666.20-692.60 per piece. Shares of Swan Energy jumped 5 per cent to close at Rs 692.60 apiece -- its upper circuit limit -- on the NSE. Swan Energy operates across sectors including textiles, real estate, energy, and petrochemicals.
 "BlackRock buys 4.55 mn shares of Swan Energy worth Rs 304 cr via block deal")
Swan Energy rises 3% after board okays 49% stake buy in TOPL for Rs 440 cr
The uptick in share came after board of Swan Energy approved acquisition of 49 per cent equity stake in Triumph Offshore Private Ltd from Indian Farmers Fertiliser Cooperative Ltd for Rs 440 cr
 "Swan Energy rises 3% after board okays 49% stake buy in TOPL for Rs 440 cr")
