Small-cap stock sets board meeting date to consider fundraise through preferential shares to acquire Singapore firm

Sindhu Trade Links has revised its EGM notice scheduled for June 18, 2026, incorporating additional disclosures sought by NSE and BSE for its proposed preferential allotments. The company plans to issue equity shares on a preferential basis to acquire a 78.26% stake in Singapore-based Advent Coal Resources Pte. Ltd. via share swap, and issue 0.1% CCPS to acquire a 50.1% stake in domestic firm Sainik Mining and Allied Services Ltd. The acquisitions aim to strengthen the company's mining and coal sector presence and expand its international footprint.