Change in Director / Key Managerial Personnel

  • Nature of change: Designation of three existing employees as Senior Management Personnel (SMP) due to organisational restructuring.
  • Effective date: All designations are effective from 29th October, 2026.

Mr. Hrishikesh Narasimhan

  • Designation: Vice President, Production – BCS, now designated as Senior Management Personnel
  • DIN: Not provided (existing employee, not director)
  • Profile: Marine Engineer with experience sailing up to Chief Engineer on Tankers and Bulk Carriers. Worked as Surveyor with DNV for a decade. Since 2005, has been in ship production and was head of production at L&T Shipbuilding. Specializes in shipbuilding, production, layout planning, and production planning.

Cmde. Sanjiv Kapoor

  • Designation: Vice President, Technical Services, now designated as Senior Management Personnel
  • DIN: Not provided (existing employee, not director)
  • Profile: Retired Naval Admiral from the Indian Navy with over 33 years of experience. Expertise includes extensive project planning, coordination and execution with adeptness in leadership, strategy, technology, administration, and man/material management.

Mr. Ram Mohan Baliga

  • Designation: Senior General Manager, Commercial, now designated as Senior Management Personnel
  • DIN: Not provided (existing employee, not director)
  • Profile: Over 15 years of experience in Business Development and Contract Management in Ship Building and Ship Repair. Has exposure to diverse shipbuilding projects across Commercial, Coastal, and Defence segments.

Additional Information

  • All three individuals were existing employees being redesignated, not new appointments
  • No relationships between directors disclosed (not applicable as these are management designations, not director appointments)
  • No information required pursuant to BSE Circular LIST/COMP/14/2018-19 and NSE Ref. no NSE/CML/2018/24 dated 20th June, 2018 was applicable
  • The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Key Financial or Operational Approvals

  • Not applicable - no financial or operational approvals mentioned in this disclosure.

Strategic or Business Context

  • The designations are part of an organisational restructuring initiative.
  • The company continues to operate in shipbuilding and defence sectors with focus on production, technical services, and commercial operations.

Any Other Material Information

  • Company formerly known as Reliance Naval and Engineering Limited
  • BSE Scrip Code: 533107
  • NSE Symbol: SWANDEF
  • Company Secretary & Compliance Officer: Priti P. Dave (ACS: 19469)
  • Disclosure made in compliance with SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026