Sindhu Trade Links to Consider Strategic Acquisitions in Singapore-Based Advent Coal and Sainik Mining at May 22 Board Meeting
Shares of Sindhu Trade Links Limited are expected to remain in focus after the company informed exchanges that its Board of Directors will m...
Shares of Sindhu Trade Links Limited are expected to remain in focus after the company informed exchanges that its Board of Directors will meet on May 22, 2026, to consider a major acquisition proposal involving Advent Coal Resources Pte. Ltd., Singapore, and Sainik Mining and Allied Services Ltd.
According to the company’s regulatory filing, the board will evaluate the acquisition of equity shares in both entities as part of a broader plan to acquire controlling stakes through a preferential allotment route. The proposed transaction may involve the issuance of equity shares and compulsory convertible preference shares (CCPS) of the company, subject to necessary corporate, regulatory, and stock exchange approvals.
The proposed acquisition is aimed at strengthening Sindhu Trade Links’ presence in the mining and coal resource segment, while also expanding its strategic footprint in overseas markets through Advent Coal Resources Pte. Ltd., Singapore.
