Sindhu Trade Links Limited promoters have proposed an inter-se transfer of 3.51% of the company’s equity share capital by way of gift to immediate relatives. The transaction involves no monetary consideration and does not alter the total promoter group holding.

The disclosure was made under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Acquirers Rudra Sen Sindhu and Vir Sen Sindhu filed the intimation on September 8, 2026. The transfer is exempt from making an open offer under Regulation 10(1)(a)(i) as it occurs among immediate relatives within the promoter group.

Transaction Details

The proposed acquisition covers 6,47,51,092 equity shares. The acquirers can execute the transfer any time after four working days from the date of intimation. Since the shares are transferred by gift without consideration, no price is applicable for the transaction.

Note: Total shares transferred sum to 6,47,51,092.

Impact on Shareholding Pattern

Following the proposed transfer, the aggregate shareholding of the promoter group remains constant at 73.93% of the total equity share capital. The individual stakes of the acquirers will increase, while those of the sellers will decrease correspondingly.

Rudra Sen Sindhu’s holding is set to rise from 4.77% to 6.42%. Vir Sen Sindhu’s stake will increase from 5.87% to 7.73%. Conversely, sellers Vrit Pal Sindhu, Satya Pal Sindhu, and Dev Suman Sindhu will see their respective holdings decline.

Other promoters and associates (PACs) not involved in the transaction hold a combined 47.04% stake, which remains unchanged. This includes significant holdings by entities such as Paramitra Holdings Private Limited (12.38%) and Indo Pacific Partners (Ptc) Limited (11.18%).

What the Numbers Show

The transaction consolidates voting power within specific family members without diluting the overall promoter control. With the promoter group retaining a dominant 73.93% stake, the free float remains limited to approximately 26.07%, held by non-promoter entities and public shareholders.

Sindhu Trade Links Limited has scheduled its 34th Annual General Meeting for September 26, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means.

Meeting Details

The company announced the schedule in a filing dated September 2, 2026. The Register of Members and Share Transfer Books will remain closed from September 22, 2026 to September 26, 2026, both days inclusive. This closure facilitates the determination of shareholders eligible to vote.

E-Voting Process

Shareholders holding shares as of the record date, September 22, 2026, may cast their votes electronically. The e-voting period begins on September 23, 2026 at 9:00 am and ends on September 25, 2026 at 5:00 pm. National Securities Depository Limited will provide the e-voting services.

Regulatory Compliance

The intimation is issued in compliance with Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. It also adheres to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014.

Document Access

The Notice of the AGM and the Annual Report for FY26 are available electronically. Members with registered email addresses will receive these documents directly. The documents are also accessible on the company website and the exchange portals.