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Diversified Commercial Services
MoU18 Jan 2025, 09:07 pm

Sellwin Traders Ltd Signs USD 3 Million MoU, Reports 103% Revenue Growth, and Appoints New CEO & CFO

AI Summary

Sellwin Traders Ltd, a company appreciated by Union Minister Shri Nitin Gadkari for its efforts in taking Indian Agro produce to the global market, recently signed a USD 3 Million MoU with Secorbit FZCO, UAE for a blockchain-based tokenization platform. The company has reported a 103% growth in revenue to Rs. 49.66 crore for the 9MFY25 and a 257% increase in net profit to Rs. 75.75 lakh for Q3FY25. Sellwin Traders Ltd also plans to raise around Rs. 13.75 crore from preferential allotment of 2.5 crore convertible warrants. The company has appointed Mr. Rajendra Naik as the CEO and Mr. Pruthvikumar Prajapati as the CFO. Sellwin Traders Ltd also acquired a 51% stake in SDF Productions Pvt. Ltd and entered into an MoU with SDF Productions Pvt Ltd for supplying agro products.

Key Highlights

  • Sellwin Traders Ltd signs USD 3 Million MoU with Secorbit FZCO, UAE for a blockchain-based tokenization platform
  • Company reports 103% growth in revenue to Rs. 49.66 crore for the 9MFY25 and a 257% increase in net profit to Rs. 75.75 lakh for Q3FY25
  • Sellwin Traders Ltd plans to raise around Rs. 13.75 crore from preferential allotment of 2.5 crore convertible warrants
  • Company acquires a 51% stake in SDF Productions Pvt. Ltd and enters into an MoU with SDF Productions Pvt Ltd for supplying agro products
  • Mr. Rajendra Naik appointed as the CEO and Mr. Pruthvikumar Prajapati appointed as the CFO of Sellwin Traders Ltd
SELLWIN
Diversified Commercial Services
Sellwin Traders Ltd

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