Sindhu Trade Links Sees 15% Surge Following Acquisition Announcement
Sindhu Trade Links Share Price Soars 15% Amid Acquisition Hopes
On Wednesday, 15 May, the share price of small-cap stock Sindhu Trade Links surged 15% after the company announced that its board will convene on Friday, 22 May, to consider multiple proposals, including acquisitions and related party transactions.
The stock reached its day's high of ₹25.95 per share on the BSE, a jump of 15.12%. Despite this increase, the scrip is still 34% away from its 52-week high of ₹39.25, which was achieved in July 2025. Conversely, it touched its 52-week low of ₹17.72 in January 2026.
In the near term, the stock has given positive returns, rising 11% in one week, 5% in one month, and 12% in six months. Moreover, it has added 24% in the past one year and delivered multibagger returns of 1240% in the last five years.
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The acquisition proposals involve the consideration of equity shares of Advent Coal Resources Pte. Limited and Sainik Mining and Allied Services Limited. The board will also discuss proposed material related party transactions and consider approval of the draft notice for an Extraordinary General Meeting (EGM), along with enabling resolutions required under applicable regulations.
The meeting of the Board of Directors of Sindhu Trade Links Limited is scheduled to take place on Friday, 22 May, 2026, at 04:00 P.M. at the Corporate Office of the Company. The agenda includes the discussion, consideration, and approval of the following:
| Item | Description |
|---|---|
| 1 | Acquisition of Equity Shares of M/s Advent Coal Resources Pte. Limited and Equity Shares of M/s Sainik Mining and Allied Services Limited and its Related Party Transaction and Other Related Matter for acquisition of controlling interest in Advent Coal Resources Pte. Ltd., Singapore & M/s Sainik Mining and Allied Services Limited, by way of allotment of Equity Shares and Compulsory Convertible Preference Shares respectively, of the Company on a preferential basis subject to all applicable corporate, statutory, regulatory and stock exchange approvals. |
| 2 | Proposed material related party transaction and connected matters, including approval of the draft notice of Extra-Ordinary General Meeting and enabling resolutions, as may be required under applicable law. |
Investor Takeaway
Investors should be cautious of the potential acquisition and its impact on the company's stock price.
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