Key Highlights
- The third deal is an MoU with Kumkum Wellness where Sellwin Traders plans to acquire an initial 36% equity stake, with an option to increase its holding by up to 60% within the next 18 months.
- The last deal mentioned is an MoU to form a strategic equity-linked partnership with Shivam Contracting for around ₹52 crore ($6 million) investment in ongoing and future projects across the United States.
- In the BSE filing, the diversified commercial services company said that Myzek currently handles logistics for business-to-business (BTB), and business-to-customers (BTC) including but not limited to manufacturer, e-commerce service providers such as JioMart, Zomato and Blinkit under the brand name Dropon.
- Sellwin Traders Limited share price closed 4.69% up at ₹8.93 after Friday's stock market session (16 January), compared to ₹8.53 at the previous market close, BSE data showed.
- On a year-to-date (YTD) basis, the company's shares have jumped 112.59% over the past 12 months.
