Sindhu Trade Links Limited secured shareholder approval for capital restructuring and strategic acquisitions during its Extraordinary General Meeting (EGM) on June 18, 2026. The meeting authorized the company to increase its authorized share capital and proceed with the purchase of stakes in Advent Coal Resources Pte. Ltd. and Sainik Mining and Allied Services Limited. These resolutions are critical for the company's expansion into the mining sector through preferential allotments.

The EGM commenced at 3:00 PM and concluded at 3:25 PM with the requisite quorum present. Mr. Rudra Sen Sindhu, Chairman Non-executive (Non-Independent) Director, chaired the meeting. The proceedings were conducted by Company Secretary Suchi Gupta, and the voting was carried out through e-voting and remote participation. The final results of the e-voting and poll were communicated by the scrutinizer, CS Payal Sharma.

Resolutions Passed

Shareholders approved two Ordinary Resolutions and two Special Resolutions. The Ordinary Resolutions concerned the increase in authorized share capital and the consequent alteration of the capital clause of the Memorandum of Association, as well as the approval of proposed material related party transactions.

The Special Resolutions authorized the execution of the transaction for Advent Coal Resources Pte. Ltd., covering valuation review, exchange ratios, and lock-in provisions. Additionally, the meeting approved the acquisition of a 50.1% equity shareholding, comprising 21,36,765 equity shares, in Sainik Mining and Allied Services Limited. This acquisition will be funded through the issuance of Cumulative Compulsorily Convertible Preference Shares (CCPS) on a preferential basis.

Voting Results

The resolutions were passed with the requisite majority. A total of 58 members participated through video conferencing, including 10 from the Promoter and Promoter Group and 48 from the Public. The table below summarizes the voting outcome for the key resolutions:

Attendance

The meeting saw participation from key members of the Board and Key Managerial Personnel. Directors in attendance included Mr. Rudra Sen Sindhu, Mr. Ajmer Singh, Mrs. Usha Sindhu, Mrs. Nishi Sabharwal, Mr. Ramesh Shah, and Mr. Saurabh Sindhu. The Key Managerial Personnel present were Ms. Suchi Gupta, Company Secretary, and Mr. Vikas Singh Hooda, Chief Financial Officer.

Sindhu Trade Links Limited reported a consolidated net profit of ₹5,744.44 lakh for the financial year ended March 31, 2026. The company's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, M/s NGC & Associates LLP, issued an audit report with an unmodified opinion on the standalone financial results. Rudra Sen Sindhu, Chairman & Director, signed the financial statements on behalf of the board.

Q4 Consolidated Performance

Sindhu Trade Links delivered a notable turnaround in the quarter ended March 31, 2026, on a consolidated basis. The company reported a net profit of ₹1,396.08 lakh for Q4, compared to a loss of ₹5,897.95 lakh in the same quarter of the previous year. Quarterly consolidated revenue stood at ₹12,825.22 lakh, against ₹57,652.37 lakh in the year-ago period. EBITDA swung to a gain of ₹1,823.92 lakh from a loss of ₹6,303.58 lakh year-on-year, with an EBITDA margin of 4.49% for the quarter.

Full-Year Financial Highlights

The standalone financial results for the full year show a net profit of ₹2,457.41 lakh, compared to ₹3,849.70 lakh in the previous year. Total standalone income from operations stood at ₹44,386.53 lakh, down from ₹50,810.63 lakh in FY25. The company reported a basic earnings per share (EPS) of ₹0.16 for the year, compared to ₹0.25 in the prior year. For the quarter ended March 31, 2026, the standalone net profit was ₹818.60 lakh.

On a consolidated basis, total income for FY26 was ₹57,964.51 lakh, a significant decrease from ₹2,29,270.40 lakh in the previous year. The consolidated net profit for the year was ₹5,744.44 lakh, compared to ₹12,158.92 lakh in FY25. The decline in consolidated income was primarily driven by the Overseas Coal Mining & Trading segment, which reported revenue of ₹5,024.04 lakh for the year, down from ₹1,20,834.92 lakh in the prior year. The company noted that negative revenue in this segment for the quarter was due to adverse currency conversion rates.

Regulatory and Governance

The board took on record the audit report submitted by the statutory auditors pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting was conducted through hybrid mode at the Corporate Office in Gurugram.