Swan LNG Pvt Ltd prepays entire loan to consortium of banks

Swan LNG Private Limited (SLPL), subsidiary of Swan Energy Ltd, has pre-paid entire loan, along with interest till date, to the consortium of Banks, amounting to ~Rs. 2206 crores.

The group's external debt position was ~Rs.4128 crores in September 2023, reduced to ~Rs.3817 crores in December 2023 and now stands at ~Rs. 1675 crores.

The company is fully focused on growth and in-parallel is continuously endeavoring to reduce debt from the balance sheet.

Shares of Swan Energy Limited was last trading in BSE at Rs. 762.80 as compared to the previous close of Rs. 744.05. The total number of shares traded during the day was 80454 in over 2304 trades.

The stock hit an intraday high of Rs. 772.45 and intraday low of 747.00. The net turnover during the day was Rs. 61235220.00.

Source : Equity Bulls

Keywords

SwanEnergy INE665A01038 SwanLNG LoanPrepayment