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Swan Energy takes management control of Reliance Naval, Energy News, ET EnergyWorld

The National Company Law Tribunal-appointed monitoring committee has handed over the management control of the company with the approval of the committee of creditors to Swan Energy, according to a statement.

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NCLT approves Swan Energy s loan repayment to Reliance Naval by one year

Swan has set up the board with its managing Director Nikhil Merchant, Executive Director Paresh Merchant and Bhavik Merchant and Vivek Merchant, among others, as board members. Post incorporation of the board, Swan will finalise plans to put in place a top management structure to oversee operations.

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Reliance Naval: Swan gets a year for second tranche payment - Industry News

Reliance Naval: Swan gets a year for second tranche payment - Industry News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Swan Energy gets nod to reconstitute Reliance Naval s board - Industry News

Swan Energy gets nod to reconstitute Reliance Naval s board - Industry News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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swan energy: Swan Energy-Hazel Mercantile make payment of first tranche to acquire Anil Ambani s Reliance Naval and Engineering Ltd

Swan Energy partnered with resolution applicant Hazel Mercantile Ltd through its special purpose vehicle – Hazel Infra Ltd – to acquire RNEL under IBC. After this payment, the company will be handed over to the winning bidder.

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