Swan’s Shipyard makes payment of Rs.196 crore to its Lender Consortium

Swan’s Shipyard (RNEL) has made a payment of Rs. 196 crores to its lender consortium in accordance with the payment schedule laid down in the NCLT approved Resolution Plan for Reliance Naval and Engineering Limited (RNEL). Originally scheduled for December 23, 2024, the payment was completed ahead of time on December 19, 2024.