Revised Media Release for proposed association with Myzek Logistics Pvt Ltd
Awaiting price reaction for this filing.
Sellwin Traders Ltd has issued a revised media release detailing several strategic MOUs and partnerships. The company plans to acquire up to 20% in Myzek Logistics (a last-mile delivery startup serving Zomato, Blinkit, and JioMart under the brand 'Dropon'), with an option to raise it to 35%, via a share swap at Rs. 15 per share. Additional Rs. 5 crore funding support may be given as a convertible instrument. The release also updates on a 36% stake acquisition in Patel Container India's manufacturing project (share swap at no less than Rs. 15/share), a 36–60% stake plan in Kumkum Wellness (KAYAPALAT), and a USD 6 million investment for up to 60% in US-based Shivam Contracting Inc. with a guaranteed 7% annual return. Financial highlights show H1FY26 PAT soaring 283% YoY to Rs. 5.86 crore on Rs. 36.53 crore revenue (up 13%).
For retail investors, this signals a major business transformation — the small trading company is pivoting into a diversified investment-holdings model spanning logistics, containers, wellness, and US infrastructure. The share swap prices (Rs. 15 and Rs. 18) are at a premium to the current Rs. 8.93 market price, which could be positive for sentiment, but dilution risk is high given multiple acquisitions and prior preferential allotments.