Swan Defence, which is supported by the Kamath brothers, has won its fourth straight export deal from the Danish firm Svitzer A/S. The company will construct four high-tech TRAnsverse 3200 harbour tugs, with the handover process set to begin in early 2028. These ships are scheduled to be manufactured at the Pipavav facility in Gujarat. Meanwhile, data for the June 2026 quarter shows that Foreign Institutional Investor (FII) ownership in the firm rose to 0.67%.

by shortkt.com✓

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