Sellwin Traders to Acquire 20% Stake in Myzek Logistics; Eyes 35% Over Time

Sellwin Traders Limited has entered into a Memorandum of Understanding (MOU) with Myzek Logistics Pvt Ltd, an emerging player in app-based, eco-friendly last-mile delivery services. The MOU outlines a proposed strategic equity partnership through which Sellwin Traders intends to acquire an initial equity stake of up to 20% in Myzek Logistics, with the potential to increase its holding to up to 35% over time. The deal can be structured in the share swap at Rs. 15 per share. Myzek Logistics has demonstrated strong early traction with over 68,000 registered users, delivery of more than 5.03 lakh orders, and operational presence across key Gujarat cities including Ahmedabad, Gandhinagar and Surat. The company has projected revenues of approximately Rs. 15.50 crore for FY26 and plans to expand into Tier-2 cities while adopting new-age delivery technologies and sustainable mobility solutions. In addition to equity participation, the MOU also contemplates funding support of up to Rs. 5 crore by Sellwin Traders, which may be structured as a convertible instrument to support Myzek’s fleet expansion, technology upgrades and geographic scale-up. This proposed association aligns with Sellwin Traders’ strategy of investing in scalable, future- ready businesses and gaining exposure to the fast-growing logistics and mobility segment.