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Swan Energy Ltd
Swan Energy Ltd Company History
Swan Energy has three ver??cles of business i.e., Tex??les, Energy and Construc??ons & others The Company has 8 subsidiary companies. 2 subsidiaries are engaged in Real estate business, 2 subsidiaries are engaged in construc??on of LNG Port Project at Guj
2004
The Ajay Piramal group has entered into an alliance with the promoters of Swan Mills to develop around 10 lakh sq ft spread over central and north Mumbai. Swan Mills, one of the city's old textile mills and promoted by the Merchant and Dave families, has been shut for the past few years.
2004
2006
Company has splits its Face value of Shares from Rs 100 to Rs 2
2006
2008
Company name has been changed from Swan Mills Ltd to Swan Energy Ltd.
2008
2010
Swan Mills - Board to consider Dividend @ 10% on Equity Shares (Rs. 0.20 per share) for the year ended March 31, 2010
The Company appointed Mr. Rajkumar Sukhdevsinhji as an Additional Director at its meeting held on November 15, 2010.
2010
2011
Swan Mills - Outcome of Board Meeting - declare Dividend @ 10%
2011
2013
"Environment clearance for the development of project "Floating Storage and regassification Unit (FSRU)" based LNG import terminal near Pipavav, Gujarat".
Development of the Project Greenfield LNG Port Terminal with Floating Storage and regassification Unit (FSRU)" at Jafrabad, Gujarat".
Split / Sub-Division of the Face Value of Equity Shares of the Company from Rs 2/- per share to Rs 1/- per share and consequential changes in the Memorandum & Articles of Association of the Company.
Swan LNG becomes wholly owned subsidiary of Swan Energy
2013
2014
The Company has recommended the dividend of Rs 0.15 per Equity Share (15% on the face value of Rs.1/- per Equity Share).
Swan Energy has splits its face value from Rs 2/- to 1/-
2014
2016
Swan Energy Ltd has signed a MOU with Petronasr and Alpha Energy Ltd.
Swan Energy Ltd. has received approval from Gujarat Maritime Board (GMB) for commencement of construction of LNG terminal in Gujarat.
2016
2017
Swan Energy has entered in to agreements Mitsui OSK Lines, Tokyo, Japan, for its Indias first LNG dedicated FSRU port project at Jafrabad, Gujarat,
2017
2020
Achieved financial closure for Swan LNG Private Limited. The FSRU vessel was delivered to Hyundai Heavy Industries Shipyard, South Korea.
OCS (Organic cotton standards) and GOTS (global organic textile standard) certification received.
2020
2021
Swan Energy acquisition of Veritas Infra & logistics Private Limited.
Swan increase processing capacity at its textile until to 30 lakh meters a month.
2021
2022
Swan Energy Ltd Acquire of 100% equity share capital of Swan Mills Limited.
2022