Sindhu Trade Links Limited announced that its Board of Directors has unanimously approved a significant acquisition during their meeting held on 24th April, 2026. The company will acquire up to 78.26% of the issued and paid-up equity share capital of Advent Coal Resources Pte. Ltd., Singapore, through a strategic share swap arrangement.

Acquisition Structure and Shareholders

The acquisition involves purchasing shares from six existing shareholders of Advent Coal Resources Pte. Ltd. The transaction structure demonstrates a comprehensive approach to gaining majority control of the target company's coal and infrastructure assets.

Related Party Transaction Component

A significant portion of the acquisition constitutes a Material Related Party Transaction. The company will acquire 11,300 equity shares representing 53.67% of Advent Coal Resources from Indo Pacific Partners (PTC) Limited, acting as trustee of Indo Pacific Partners Trust. This transaction has received unanimous prior approval from the Audit Committee, with promoter Dev Sindhu identified as a beneficiary of the trust.

Target Company Profile

Advent Coal Resources Pte. Ltd. was incorporated in Singapore on 10th November, 2011, and operates in the coal resources and infrastructure sector. The company maintains a strategic presence across multiple jurisdictions, with its primary assets located in Indonesia through nine subsidiaries.

The target company's subsidiary portfolio includes PT Bumi Berkat Jaya, PT Indonusa Prima Sentosa, PT Indo RAK Resources, PT Middle East Indonesia, PT Sinar Indonesia Perkasa, PT Semesta Resources Investindo, PT Trans Kutai Bahari, PT Trans Kutai Kencana, and PT Techno Orbit Persada.

Transaction Mechanics and Approvals

The acquisition will be executed entirely through share swap arrangements, with consideration discharged through issuance and allotment of equity shares on a preferential basis to the selling shareholders. The specific cost of acquisition and pricing details will be determined in the next Board Meeting.

The transaction requires several regulatory approvals including shareholder approval via Extraordinary General Meeting, in-principle approval from stock exchanges, and compliance filings with Authorized Dealer Bank and RBI under Foreign Exchange Management Act, 1999. The company expects to complete the acquisition by 15th July 2026.

Strategic Objectives

The acquisition aims to provide Sindhu Trade Links with ownership of overseas coal and infrastructure assets held by Advent Coal Resources and its subsidiary network. This strategic move positions the company to expand its presence in the coal resources sector across international markets, particularly in the Indonesian market through the target company's established subsidiary structure.

Sindhu Trade Links Limited has published its unaudited standalone and consolidated financial results for Q3FY26 in newspapers as required under Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company informed stock exchanges BSE and NSE about the publication in Hari Bhoomi and Financial Express dated February 14, 2026.

Regulatory Compliance and Publication

The company's communication to the exchanges, dated February 16, 2026, confirmed the publication of Q3FY26 financial results in compliance with regulatory requirements. Company Secretary Suchi Gupta signed the digitally authenticated communication to both BSE (Scrip Code: 532029) and NSE (Symbol: SINDHUTRAD).

Standalone Financial Performance Q3FY26

The company's standalone operations showed mixed performance for the quarter ended December 31, 2025. Revenue from operations decreased to ₹9,533.48 lakhs compared to ₹11,359.37 lakhs in Q3FY25, while net profit after tax stood at ₹574.76 lakhs versus ₹1,460.73 lakhs in the previous year.

Consolidated Results Show Recovery

On a consolidated basis, the company demonstrated significant improvement with net profit after tax of ₹1,387.36 lakhs for Q3FY26, compared to a loss of ₹747.07 lakhs in Q3FY25. This represents a positive turnaround at the group level despite lower revenue.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, standalone performance showed revenue from operations of ₹32,204.24 lakhs compared to ₹35,205.84 lakhs in the corresponding period of the previous year. Net profit after tax for the nine-month period was ₹1,638.81 lakhs versus ₹4,580.30 lakhs in 9M FY25.

Corporate Governance and Audit

The financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 13, 2026. The results were subject to limited review by statutory auditors N G C & Associates LLP. The company maintains paid-up equity share capital of ₹15,419.29 lakhs with reserves of ₹78,072.91 lakhs as of December 31, 2025.