MediumPositive
Announced Sat, 20 Jun · 12:23 IST
Small-cap stock under ₹50 Sindhu Trade Links to be in focus on Monday. Check Details
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Sindhu Trade Links shareholders approved key resolutions at the June 18, 2026 EGM, including an increase in authorised share capital, material related-party transactions, and strategic acquisitions. Shareholders cleared a 50.1 percent stake acquisition in Sainik Mining and Allied Services Ltd via a share swap involving Cumulative Compulsory Convertible Preference Shares, along with the Advent Coal Resources Pte. Ltd. transaction. The company had reported a weak FY26 with consolidated net profit falling to about 5,744 lakh from 12,159 lakh, though Q4 FY26 returned to profit at 1,396 lakh versus a year-ago loss of 5,898 lakh.