Here’s why shares of Swan Energy will be in focus on Monday
Shares of Swan Energy will be in focus on Monday, March 4, after the company’s subsidiary, SLPL, pre-paid the entire loan, along with interest till date.
According to the company’s exchange filing, SLPL, subsidiary of the company, has pre-paid the entire loan, along with interest till date, to the consortium of Banks, amounting to Rs 2,206 crore.
“The group’s external debt position was Rs 4,128 crore in September 2023, which was reduced to Rs 3,817 crore in December 2023. It now stands at Rs 1,675 crore,” it said in a statement.
