Swan Defence Share Price Hit 5% Upper Circuit Post Signing of MoU with Samsung Heavy Industries

On October 1, 2025, Swan Defence share price hit a 5% upper circuit, reaching a day high of 636.45 at 10:55 AM. The gain in Swan Defence shares came after the company announced the signing of a strategic Memorandum of Understanding (MoU) with Samsung Heavy Industries, which is one of the world’s leading shipbuilders in specialised and complex vessels. 

Scope of MoU

The two partners will jointly venture into commercial shipbuilding and heavy engineering projects, targeting both domestic and international markets. Their collaboration in shipbuilding will span a broad spectrum of commercial vessels, including tankers, gas carriers, container ships, and various specialised vessels. 

This alliance between two leading industry players comes at a significant time in India’s maritime sector, as the country ramps up efforts to establish itself as a premier global shipbuilding center, supported by progressive government policies, attractive financial incentives, and cutting-edge infrastructure.

Commenting on the partnership, Rear Admiral Vipin Kumar Saxena (retd.), CEO, Swan Defence and Heavy Industries, said, “We are excited to partner with Samsung Heavy Industries, a global leader in shipbuilding. Our shared vision is to deliver enhanced value to customers and shape the future of shipbuilding through advanced technologies and strategic cooperation. We look forward to exploring new opportunities and strengthening this partnership in due course.”

Also Read: IREDA Share Price Rises After 86% Growth in Loan Sanctions in Q2 FY26

About Swan Defence and Heavy Industries (SDHI)

SDHI boasts India’s largest dry dock, measuring 662 meters by 65 meters, capable of handling vessels up to 400,000 DWT, along with an annual steel fabrication capacity of 144,000 tons. The shipyard also features a dedicated offshore yard spanning 750 meters by 265 meters, designed for fabrication, assembly, and load-out of large platforms, offshore structures, and heavy engineering modules weighing up to 10,000 tons.

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