Sindhu Trade Links Board Approves Advent Coal, Sainik Mining Acquisitions

Sindhu Trade Links board meeting scheduled for May 22, 2026 to approve acquisition of controlling stakes in Advent Coal Resources and Sainik Mining.
Acquisition to be executed through preferential allotment of equity shares and compulsory convertible preference shares subject to regulatory approvals.
Meeting will also consider material related party transaction and draft notice for Extra-Ordinary General Meeting.
Trading window for designated persons closed from May 19, 2026 until 48 hours after board meeting outcome.