Sellwin Traders Ltd

Sellwin Traders Limited has announced the discontinuation of its proposed business association with Global Market Insights IT Service LLC (GMIIT). The Memorandum of Understanding (MOU) signed on August 21, 2025, aimed to explore a holding and subsidiary relationship. However, following a due diligence process and assessment of commercial viability, the transaction was deemed not commercially viable. Consequently, no definitive agreements were executed, and the MOU has expired. The company confirms no funds were raised, transferred, invested, or deployed, resulting in no financial impact. The proposed transaction is now considered discontinued.

Sellwin Traders Ltd has announced its 46th Annual General Meeting (AGM) to be held via video conferencing on Tuesday, September 29, 2026, at 3:00 PM IST. The meeting will cover ordinary business, including the adoption of standalone and consolidated audited financial statements for the year ended March 31, 2026, and the reappointment of Mr. Monil Navinchandra Vora as a director. Additionally, M/s. Parth R. Shah & Co. are proposed for reappointment as Statutory Auditors for a term of 5 years. E-voting facilities will be available from September 26 to September 28, 2026. Proxy appointments are not permitted for this AGM.

Sellwin Traders Ltd has submitted the soft copy of its 46th Annual Report for the financial year 2025-2026 in PDF format. This submission complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars from the Ministry of Corporate Affairs and SEBI. The report, along with the notice convening the Annual General Meeting (AGM), has been dispatched to all shareholders whose email addresses are registered with the company or their Depository Participants. The filing includes various sections such as the Board's Report, Secretarial Audit Report, Corporate Governance Report, Management Discussion and Analysis, and detailed standalone and consolidated financial statements.

Sellwin Traders Ltd has filed its statement of deviation or variation in the utilization of funds raised through Preferential Allotment (Convertible Warrants) for the quarter ended June 30, 2026. The company reported no deviation in the use of funds for the quarter. Funds raised were ₹925.08 Lakhs, with ₹923.57 Lakhs utilized across general corporate purposes, working capital, investments, and fund-raising expenses. A balance of ₹1.51 Lakhs remains in the special account. The filing also covers a separate preferential allotment dated December 5, 2025, for ₹1658.68 Lakhs, for which no deviation was reported.

Sellwin Traders Ltd announced its Standalone and Consolidated Unaudited Financial Results for the First Quarter ended June 30, 2026. The results were adopted and approved by the Board of Directors at a meeting held on August 10, 2026. The company has submitted the financial results along with the Limited Review Report as per SEBI regulations. The extracted financial data indicates a profit before tax of ₹38.55 for the quarter.

Sellwin Traders Ltd announced that its Board of Directors convened on August 10, 2026, at 12:30 P.M. in Mumbai. The primary agenda item was the consideration and approval of the Standalone and Consolidated Unaudited Financial Results for the First Quarter ended June 30, 2026, along with the Limited Review Report, as per SEBI (LODR) Regulations, 2015. The meeting concluded at 1:00 P.M.

Sellwin Traders Ltd has filed an appeal before the Securities Appellate Tribunal (SAT) challenging a Show Cause-cum-Interim Order issued by BSE Limited, which resulted in the suspension of trading in the company's equity shares. The company has also applied for an interim stay on the order's implementation, citing significant prejudice to the company and its shareholders. Sellwin Traders asserts its compliance with regulatory requirements and cooperation with the exchange. The appeal aims for judicial review of the order, interim relief from trading suspension, protection of public shareholder interests, and an expeditious resolution.

Sellwin Traders Ltd has announced that its Board of Directors will convene on August 10, 2026, at their Mumbai office. The primary agenda item is to consider, approve, and take on record the Unaudited Standalone and Consolidated Financial Results for the First Quarter ended June 30, 2026. The meeting will also address any other business deemed necessary by the chair, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sellwin Traders Limited has informed shareholders about the temporary suspension of trading in its equity shares on the BSE. This suspension was due to the non-accessibility of its former registered office. The company has since shifted its registered office and confirmed that business operations, statutory records, financial records, and management functions have continued uninterrupted from its corporate office. Sellwin Traders has fully complied with BSE's directions and provided all necessary documentation and cooperation. The company is awaiting the completion of the Exchange's internal process for the revocation of the trading suspension and has represented the adverse impact on over 20,000 public shareholders, requesting priority in the revocation process.

Sellwin Traders Ltd has announced the closure of its trading window for dealing in the company's equity shares. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut for all designated persons and their immediate relatives from July 1, 2026, until 48 hours after the declaration of the Unaudited Financial Results for the quarter ended June 30, 2026. The specific date for the board meeting to approve these financial results will be communicated separately.