Sindhu Trade Links Limited has received listing approval from the National Stock Exchange of India Limited and BSE Limited for 30,04,55,030 equity shares. The shares were allotted on a preferential basis pursuant to a swap of shares.

The company notified the exchanges on September 18, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The National Stock Exchange granted in-principle approval on September 17, 2026, followed by listing approval from BSE Limited on the same date.

Share Details

The approved shares have a face value of ₹1 each. They were issued at a premium of ₹22.20 per share. The distinctive numbers for these shares range from 1,54,19,28,781 to 1,84,23,83,810.

Next Steps

Listing and admission to dealings are subject to confirmation from the depositories. The company must receive credit confirmations from National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) regarding the beneficiaries' accounts.

The company is required to file an application for trading approval within seven working days of receiving the listing approval. This filing must include confirmation letters from NSDL and CDSL regarding the credit of shares and any applicable lock-in of pre-preferential holdings.

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.