Sindhu Trade Links has submitted its yearly disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The filing provides details regarding the shareholding of the company's promoters. The disclosure was submitted to the stock exchanges on April 6, 2026.

Regulatory Filing Details

The disclosure was addressed to the Corporate Relationship Department of BSE Limited and the Manager Listing Department of NSE Limited. The document serves as a formal compliance requirement for the financial year FY26.

Key Information

The filing was signed by Suchi Gupta, Company Secretary and Compliance Officer of Sindhu Trade Links Limited.

Sindhu Trade Links Limited has scheduled an Extraordinary General Meeting (EGM) on June 18, 2026, to seek shareholder approval for the acquisition of controlling stakes in Advent Coal Resources Pte. Ltd. and Sainik Mining and Allied Services Limited. The company plans to fund these strategic acquisitions, totaling INR 922.506 Crore, through the issuance of equity shares and Compulsorily Convertible Preference Shares (CCPS) on a preferential basis.

Strategic Acquisitions

The Board approved the acquisition of 78.26% of the issued and paid-up equity share capital of Advent Coal Resources Pte. Ltd., representing 16,477 equity shares. The total consideration for this transaction amounts to INR 697.056 Crore, to be discharged via the issuance of 30,04,55,030 fully paid-up equity shares at a premium of INR 22.20 per share.

In a separate transaction, the board approved the acquisition of 50.10% of the issued and paid-up equity share capital of Sainik Mining and Allied Services Limited, representing 21,36,765 equity shares. The consideration of INR 225.45 Crore will be discharged through the issuance of 9,71,76,757 CCPS at a premium of INR 22.20 per CCPS. These securities are convertible into equity shares at a 1:1 ratio within a maximum tenure of 18 months.

Capital Restructuring and EGM Details

To facilitate these expansions, the board approved increasing the authorized share capital from INR 156,00,00,000 to INR 196,00,00,000. This involves altering the capital clause of the Memorandum of Association to include 186,00,00,000 Equity Shares and 10,00,00,000 Preference Shares of INR 1 each. The relevant date for determining the minimum floor price for these issuances is May 19, 2026.

The Register of Members and Share Transfer Books will remain closed from June 12, 2026, to June 18, 2026. The e-voting period commences on June 15, 2026, and concludes on June 17, 2026. Suchi Gupta, Company Secretary, signed the notice regarding these developments.