Sellwin traders Limited has announced the appointment of M/s. Parth R. Shah & Co. as its new statutory auditor, effective January 27, 2026. The appointment was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 to address a casual vacancy in the auditor position.

Auditor Appointment Details

The company disclosed the appointment through a formal communication to BSE Limited, providing comprehensive details about the new auditor and the circumstances surrounding the appointment.

Term and Conditions

The newly appointed auditor will serve from January 27, 2026 until the conclusion of the ensuing Annual General Meeting of the company. However, this appointment is subject to approval by shareholders in a General Meeting, which must be held within three months of the occurrence of the casual vacancy.

About the New Auditor

M/s. Parth R. Shah and Co. is a Chartered Accountants firm operating as a proprietorship and holds a Peer Review Certificate. The firm is registered with the Institute of Chartered Accountants of India under Firm Registration Number 153846W.

Service Portfolio

The firm provides comprehensive financial and advisory services including:

• Assurance services with focus on Internal Audit, Statutory Audit, and Tax Audit
• Project finance services
• Other advisory services

Regulatory Compliance

The appointment disclosure was made in accordance with Para A of Part A of Schedule III read with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also followed the requirements outlined in the SEBI Circular dated September 9, 2015 regarding continuous disclosure requirements for listed entities.

Sellwin Traders Limited, incorporated in 1980 and listed on BSE with scrip code 538875, maintains its registered office in Kolkata and corporate office in Mumbai. The appointment ensures continuity in the company's statutory audit requirements following the resignation of the previous auditor.

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.