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SWANDEF — Swan Defence and Heavy Industries News Story

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India's Swan Defence slides as major shareholder considers stake sale

** Shares of Swan Defence and Heavy Industries SWAE.NS RIC fall 3.9% to 1941.2 rupees

** Shipbuilding firm's major shareholder Hazel Infra to evaluate a proposal to sell about 5% stake of the co via offer for sale route

** YTD, SWAE up ~40%

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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