Swan Energy Limited acquired Swan Mills Limited for INR 2.4 million.

Swan Energy Limited is an India-based company engaged in the textile, real estate, energy and petrochemical sectors. Its segments include Textile, Energy, Construction/Others, Distribution & Development, Warehousing, Manufacturing and Power Generation. Its Business Verticals include Oil & Gas, Petrochemical Manufacturing & Trading, Textiles and Realty. It is implementing a greenfield liquefied natural gas (LNG) port project. The project comprises the development of LNG port facilities utilizing a floating, storage, and regasification unit (FSRU) for LNG receipt, storage, regasification, and send-out. It is also engaged in dyeing and printing a range of fabrics, including cotton, cotton blend fabrics like polyester cotton, linen and viscose fabrics with Lycra and non-Lycra options. It has developed two property projects in Mumbai, a commercial information technology (IT) park at Kurla and a residential complex at Sewri. It is also engaged in the production of petrochemical products.