Swan Corp Limited announced the issuance of a substantial Corporate Guarantee amounting to ₹72.57 crores on March 27, 2026. This guarantee is intended to secure the repayment obligations of its subsidiary, Swan LNG Private Limited (SLPL). The disclosure confirms that there is no direct interest from the promoter group in this transaction, as the arrangement with the subsidiary is considered to be conducted at an “arm’s length”. The company confirmed that this issuance has no immediate pecuniary impact on Swan Corp Limited.
Corporate Guarantee Disclosure
Swan Corp Limited has formally disclosed the issuance of a significant Corporate Guarantee dated March 27, 2026. This action was undertaken pursuant to the relevant regulatory frameworks governing disclosures.
The total amount covered by the guarantee is precisely Rs. 72.57 crores (Rupees Seventy Two Crores and Fifty Seven Lakhs). The purpose of this financial undertaking is to secure the repayment obligations pertaining to its subsidiary company, Swan LNG Private Limited (SLPL).
Transaction Details and Arm’s Length Principle
The disclosure confirms that the transaction was structured to meet the “arm’s length” standard. Furthermore, the filing explicitly states that there is no direct interest held by the promoter or promoter group companies of Swan Corp Limited (SCL) in this specific transaction, save for the existing relationship where SLPL is a subsidiary of SCL.
Immediate Financial Impact
Regarding the listed entity itself, Swan Corp Limited confirmed that as of the date of issuance of the Corporate Guarantee, there is no immediate pecuniary impact resulting from this commitment.
Source: BSE
