COO appointed: Venu Avadhanula named Chief Operating Officer with effect from 1st October, 2026

Swan Defence and Heavy Industries Ltd has appointed Mr. Venu Avadhanula as its Chief Operating Officer (Senior Management Personnel), with effect from 1st October, 2026.

Thu 1 Oct 2026

Appointment

Mr. Venu Avadhanula appointed as Chief Operating Officer (Senior Management Personnel)

Effective Date

1st October, 2026

Experience

over 34 years of leadership experience in shipyard operations, production and infrastructure development

Previous Association

Drydocks World, Dubai

A Chief Operating Officer joins the senior management

Swan Defence and Heavy Industries Limited has appointed Mr. Venu Avadhanula as the Chief Operating Officer (Senior Management Personnel) of the company with effect from 1st October, 2026. The company was formerly known as Reliance Naval and Engineering Limited.

What the disclosure says

• The change is an appointment, and the person appointed is Mr. Venu Avadhanula, in the role of Chief Operating Officer, a Senior Management Personnel position.
• The date of appointment is 1st October, 2026.
• He is described as a seasoned maritime and shipbuilding professional with over 34 years of leadership experience.
• That experience is in shipyard operations, production and infrastructure development.
• He was previously associated with Drydocks World, Dubai.
• The entry on disclosure of relationships between directors is marked "Not Applicable".

Why a COO matters

A Chief Operating Officer is part of a company's senior management and is generally associated with running day-to-day operations. For a business that builds and services vessels, a background covering shipyard operations, production and infrastructure development speaks directly to the kind of work the yard does.

How to read this kind of announcement

• This is a change in management, not a financial result, an order win or a fund raise. It does not change the company's share count, debt or earnings by itself.
• What it does is tell shareholders who is now responsible for operations, and what experience that person brings.
• The disclosure follows the name, designation and effective date, along with the appointee's brief profile.

What shareholders may track

• Any further updates on the composition of senior management.
• How the operational and production experience of the new COO is applied in the company's ongoing shipyard activity.

In short, a senior operational role has been filled by a person with a long shipbuilding and shipyard operations background, effective 1st October, 2026.

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