Sindhu Trade Links Acquires 78.26% in Advent Coal

Sindhu Trade Links Board approved acquiring 78.26% stake in Singapore's Advent Coal Resources Pte. Ltd. via a share swap.
The acquisition of a 53.67% stake from Indo Pacific Partners Trust is a material related party transaction, approved by the Audit Committee.
The transaction aims to gain ownership of overseas coal and infrastructure assets held by Advent and its nine Indonesian subsidiaries.
Shareholder approval via EGM and regulatory clearances from RBI/FEMA are required, with completion targeted by 15th July 2026.