Deals18 Jan 2025, 10:09 pm
Sellwin Traders Ltd Signs USD 3 Million MoU, Expands Business & Reports 103% Revenue Growth
AI Summary
Sellwin Traders Ltd, a company appreciated by Union Minister Shri Nitin Gadkari for its efforts in exporting Indian Agro produce, has reported a 103% growth in revenue for the nine months of FY25. The net profit for the same period rose almost 3-fold. The company also approved the acquisition of a 51% stake in SDF Productions Pvt. Ltd. and signed a USD 3 Million MoU with Secorbit FZCO, UAE for a blockchain-based tokenization platform. Sellwin Traders Ltd also plans to raise around Rs. 13.75 crore from preferential allotment of 2.5 crore convertible warrants.
Key Highlights
- Sellwin Traders Ltd reports 103% revenue growth and 3-fold net profit growth for the nine months of FY25
- Company approved acquisition of 51% stake in SDF Productions Pvt. Ltd.
- Sellwin Traders Ltd signs USD 3 Million MoU with Secorbit FZCO, UAE for a blockchain-based tokenization platform
- Company plans to raise around Rs. 13.75 crore from preferential allotment of 2.5 crore convertible warrants
- Sellwin Traders Ltd appreciated by Union Minister Shri Nitin Gadkari for its efforts in exporting Indian Agro produce