Sellwin Traders Limited has signed a strategic Memorandum of Understanding with Myzek Logistics Pvt Ltd, marking the company's entry into the rapidly expanding last-mile delivery sector. Myzek operates under the "Dropon" brand and provides environmentally friendly logistics services to major e-commerce platforms including JioMart, Zomato, and Blinkit.

Strategic Partnership Structure

The proposed equity partnership outlines Sellwin Traders' plan to acquire an initial stake of up to 20% in Myzek Logistics, with the potential to increase holdings to 35% over time. The deal structure presents significant value implications for shareholders:

The transaction is subject to mutually agreed terms, valuation assessments, regulatory approvals, and execution of definitive agreements. The MOU is non-binding and requires various clearances including regulatory, shareholder, and due diligence approvals.

Financial Support and Investment Framework

Beyond equity participation, Sellwin Traders plans to provide substantial financial backing to support Myzek's growth trajectory. According to the stock exchange filing, the company will offer funding support of up to ₹5.00 crore, potentially structured as convertible instruments. These funds will target three key areas:

• Fleet expansion initiatives
• Technology infrastructure upgrades
• Geographic scale-up operations

Myzek Logistics Performance Metrics

Myzek Logistics has demonstrated impressive early-stage performance across multiple operational parameters:

The technology-driven logistics platform has established a strong presence in major Gujarat cities and plans expansion into Tier-2 markets. The company focuses on cutting-edge delivery systems and sustainable transportation solutions.

Broader Strategic Initiatives

This partnership aligns with Sellwin Traders' investment strategy of targeting scalable, future-ready businesses in high-growth sectors. The logistics and transportation sector exposure complements the company's diversified portfolio approach.

Recently, Sellwin Traders also formalized a Strategic Association and Share Swap Agreement with Patel Container India Private Limited for a 36% investment in a container manufacturing project near Bhavnagar, Gujarat. This initiative builds upon an earlier MOU signed in 2024 for establishing PCIPL's container manufacturing facility.

Company Background

Sellwin Traders Ltd., established in 1980, operates as a diversified publicly traded company with interests spanning real estate, property investment, trading in shares and commodities, and financial advisory services. The company's shares are listed on the BSE, providing investors access to its expanding portfolio of strategic investments across multiple sectors.

Sellwin Traders Limited has announced the resignation of Mr. Vinodbhai Bhavanbhai Prajapati from his position as Non-Executive Director, effective January 15, 2026. The company informed BSE Limited about this corporate governance change in compliance with regulatory requirements.

Director Resignation Details

The resignation was submitted due to personal reasons, as stated in the official communication to the stock exchange. The company has provided comprehensive disclosure information as required under SEBI regulations.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Pratiti Patel signed the official communication, ensuring all regulatory requirements were met.

Mr. Prajapati confirmed in his resignation letter that there are no other material reasons for his departure beyond the personal reasons stated. The Board of Directors expressed appreciation for his valuable contribution and support during his tenure as Non-Executive Director.

Additional Disclosures

As part of the regulatory filing, the company disclosed that the resigning director does not hold directorships in any other listed entities. The resignation letter, submitted directly by Mr. Prajapati, emphasized his gratitude to the Board of Directors, management, and employees for their support during his tenure.

The company has taken necessary steps to file required forms and make appropriate disclosures with stock exchanges, SEBI, and the Registrar of Companies as per applicable regulations.