Sellwin Traders Limited has issued a corrigendum to its postal ballot notice, detailing revised plans for a preferential issue of convertible warrants worth ₹39.90 crore. The company aims to raise funds for various strategic initiatives, including investments in subsidiaries and overseas ventures.

Key Details of the Warrant Issue

Proposed Fund Utilization

Sellwin Traders has outlined a comprehensive plan for utilizing the funds:

1. Investment in SDF Productions Pvt. Ltd. (₹12.00 crore):

   • Establishment of 6 new 'Maajghar' retail stores
   • 3 in Gujarat, 2 in Maharashtra, 1 in Madhya Pradesh
   • Expected cost: ₹2.00 crore per store

2. Investment in Damask Jewellery Pvt. Ltd. (₹8.00 crore):

   • ₹5.00 crore for opening 2 new jewellery showrooms in Gujarat
   • ₹3.00 crore for enhancing bullion stock

3. Overseas Investments:

   • ₹4.00 crore in Global Market Insights IT Services LLC, Dubai
   • ₹6.00 crore in Shivam Contracting Inc., USA

4. Working Capital Requirements: ₹8.00 crore

5. General Corporate Purposes: ₹2.00 crore

Warrant Terms and Conditions

Impact and Expectations

The company expects these investments to yield significant returns:

• Maajghar stores to achieve operational break-even within 8-12 months
• Jewellery and bullion trading to generate 12-15% ROI over 2 years
• Strategic overseas investments targeting 14-16% IRR over 3 years

Sellwin Traders Limited's board believes this preferential issue is in the best interest of the company and its shareholders. The proposal requires approval from members through a Special Resolution as per the Companies Act, 2013 and SEBI regulations.

This revised plan demonstrates Sellwin Traders' commitment to expanding its retail presence, diversifying its portfolio, and exploring international markets. The success of these initiatives could potentially strengthen the company's market position and financial performance in the coming years.

Sellwin Traders Limited, an Indian company listed on the Bombay Stock Exchange (BSE: 538875), has taken a significant step towards international expansion by signing a non-binding Memorandum of Understanding (MOU) with Shivam Contracting Inc., a New Jersey-based construction firm. The agreement, inked on August 22, 2025, outlines Sellwin's intention to make a strategic investment of up to USD 6.00 million in Shivam Contracting over a three-year period.

Investment Details and Regulatory Compliance

The proposed equity-linked investment is subject to various statutory and regulatory approvals in both India and the United States. Sellwin Traders will need to comply with regulations set by the Foreign Exchange Management Act (FEMA), Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), and the Bombay Stock Exchange (BSE).

Strategic Objectives

This strategic association aims to enable Sellwin Traders to participate in current and future projects undertaken by Shivam Contracting in the United States. The move could potentially open up new avenues for growth and diversification for the Indian company in the US construction market.

About Shivam Contracting Inc.

Established in 2010 and led by CEO Er. Dikesh J Patel, Shivam Contracting has built a strong reputation in the New Jersey and New York region. The company specializes in commercial, industrial, and civil construction, with a particular focus on gas station developments for major brands such as Sunoco, BP, Shell, and Exxon.

Key Project Highlights

Shivam Contracting's portfolio includes:

• Gas station development projects for Sunoco, BP, Shell, and Exxon across New York and New Jersey
• Commercial retail complexes with integrated convenience stores
• Municipal infrastructure improvements for public utility and safety

A notable project in their portfolio is the complete design, engineering, and construction of a state-of-the-art Sunoco fueling station in Brunswick, NY, featuring modern canopy design, multiple fueling points, advanced POS systems, and integrated retail space.

MOU Terms and Next Steps

The MOU is primarily non-binding, with the exception of clauses relating to confidentiality, governing law, and dispute resolution. Definitive agreements are expected to be executed following the completion of due diligence and receipt of necessary regulatory approvals.

Company Statements

Pratiti Patel, Company Secretary & Compliance Officer of Sellwin Traders Limited, stated in the BSE filing, "The strategic association is aimed at enabling the Company to participate in current and future projects undertaken by Shivam Contracting Inc. in the United States."

As both companies move forward with this potential partnership, investors and industry observers will be keen to see how this strategic investment unfolds and what opportunities it may bring for Sellwin Traders in the US construction market.

Note: This article is based on the information provided in the Memorandum of Understanding and subsequent regulatory filings. The investment is subject to due diligence and regulatory approvals, and the final terms may vary.