Sindhu Trade Links Ltd. Board Meeting Scheduled to Discuss Acquisition in Singapore
Sindhu Trade Links Ltd. has announced that its Board of Directors meeting is scheduled for Friday, April 24, 2026, at 04:00 P.M. The meeting will take place at the company's Corporate Office.The primary focus of the board meeting will be to consider and approve a significant Related Party Transaction. This transaction pertains to the acquisition of a controlling interest in Advent Coal Resources Pte. Ltd., based in Singapore. The acquisition is planned to be executed through the allotment of shares of Sindhu Trade Links Ltd. on a preferential basis.
The meeting agenda also includes discussions regarding proposed material related party transactions and connected matters. These matters involve the approval of draft notices and enabling resolutions as required under applicable law. Furthermore, the board will consider any other business with the permission of the Chairman.
In terms of market activity, the company announced that the trading window for designated persons dealing in the company's securities will close on April 22, 2026. This closure is expected to remain in effect for 48 hours following the declaration of the outcome of the board meeting.
Stock Price Movement
Sindhu Trade Links Ltd shares settled at ₹23.81 on Friday, ticking up 3.75% for the session. The stock navigated a range between ₹22.86 and ₹24.00 throughout the trading day.Source:
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