Investment21 Aug 2025, 11:47 am
Sellwin Traders Ltd Acquires 51% Stake in Global Market Insights IT Services LLC for Rs. 8.5 Crore
AI Summary
Sellwin Traders Ltd has entered into a Memorandum of Understanding (MOU) with Global Market Insights IT Services LLC (GMIIT), Dubai, to form a strategic business partnership. Sellwin Traders Limited will make a controlling investment of more than 51% equity in GMIIT for around USD | million (Approx. Rs.8.5 crore), thereby making the Dubai-based company its subsidiary. The partnership is expected to provide a Return on Investment (ROI) of 7% or more per annum for Sellwin.
Key Highlights
- Sellwin Traders Ltd to acquire more than 51% stake in Global Market Insights IT Services LLC for USD | million (Approx. Rs. 8.5 crore)
- Sellwin expects ROI of 7% or more from this venture
- Global Market Insights IT Services LLC is a Tech & IT services firm specializing in Artificial Intelligence, Blockchain Development, Cybersecurity, Digital Marketing etc
- In QIFY26, company reported net profit of Rs. 3.14 crore with Y-o-Y rise of 350%, Revenue rise 31% to Rs. 21.85 crore
- Company has approved raising funds through the issue and allotment of up to 4.75 crore warrants at a minimum price of Rs.8.40 per warrant