As per the attached file
Awaiting price reaction for this filing.
Sellwin Traders Ltd (BSE scrip code 538875) signed an MOU on 17 January 2026 with Myzek Logistics Pvt Ltd, which runs the app-based last-mile delivery brand 'Dropon'. Under the non-binding agreement, Sellwin proposes to acquire an initial equity stake of up to 20% in Myzek, with scope to raise it to 25%, through a mix of share swap (valued at Rs.15/share for Sellwin) and/or cash. Sellwin also plans to fund Myzek with up to ₹5 Crores in tranches, with an option to convert the funding into equity. Myzek has around 68,000 registered users, 5.03 lakh+ delivered orders, operates in Ahmedabad, Gandhinagar and Surat, and is projected to post FY26 revenue of about Rs.8.50 Crores. The transaction still depends on valuations, due diligence, definitive agreements within three months, and approvals from the board, shareholders, BSE, SEBI, ROC and CCI.
For existing Sellwin shareholders, this represents a new strategic foray into the fast-growing logistics/delivery space but the deal is still at an MOU stage and non-binding, so no immediate revenue or earnings impact is locked in. Execution risk remains high since valuations, definitive documents and multiple regulatory approvals are still pending.