Nature of the Event

Disclosure of a report under Regulation 10(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for an inter-se transfer of shares amongst immediate relatives who are members of the promoter and promoters' group of Sindhu Trade Links Limited.

Key Quantitative Figures

  • Number of Shares Transferred: 6,47,51,092 equity shares
  • Percentage of Total Equity Capital: 3.51%
  • Application Fee Paid to SEBI: Rs. 1,77,005.90 (One Lakh Seventy Seven Thousand Five and Ninety Paisa Only)

Dates of Action

  • Date of Acquisition/Transfer: 30th September 2026
  • Date of Report to BSE under Regulation 10(5): 8th September 2026
  • Date of Report to BSE under Regulation 10(6): 1st October 2026
  • Date of Fee Payment to SEBI: 16th October 2026 (Transaction Ref: IOBAN26288102484)
  • Date of this Report (10(7)): 15th October 2026
  • Letter Date: 21st October 2026

Parties Involved

  • Target Company (TC): Sindhu Trade Links Limited (BSE: 532029, NSE: SINDHUTRAD)
  • Correspondent Acquirer: Rudra Sen Sindhu (Address: 23, Rajdoot Marg, Diplomatic Enclave, Chanakyapuri, New Delhi 110021; Tel: 0124-2779000/9044; Email: rudra@acbindia.com)
  • Other Acquirer: Vir Sen Sindhu
  • Sellers: Vrit Pal Sindhu, Satya Pal Sindhu, Dev Suman Sindhu
  • Regulatory Bodies: Securities and Exchange Board of India (SEBI), BSE Limited, National Stock Exchange of India Limited

Transaction Details

  • Type of Transaction: Off-market inter-se transfer amongst immediate relatives of the promoter group.
  • Mode of Transfer: By way of gift.
  • Consideration: No monetary consideration involved.
  • Exemption Claimed: Under Regulation 10(1)(a)(ii) of the SEBI Takeover Regulations, 2011.

Shareholding Changes

Acquirers (Post-Transaction)

  • Rudra Sen Sindhu: Holding increased to 26,07,60,592 shares (14.15%) from 19,60,09,500 shares (10.64%).
  • Vir Sen Sindhu: Holding increased to 1,42,43,51,592 shares (7.73%) from 1,08,09,75,000 shares (5.87%).

Sellers (Post-Transaction)

  • Vrit Pal Sindhu: Holding decreased to 23,48,46,788 shares (12.75%) from 29,95,97,880 shares (16.26%).
  • Satya Pal Sindhu: Holding decreased to 8,40,29,206 shares (4.56%) from 10,10,03,400 shares (5.48%).
  • Dev Suman Sindhu: Holding decreased to 5,68,51,767 shares (3.09%) from 8,72,65,200 shares (4.74%).

Financial Impact

No financial impact as the transaction was executed by way of gift without any consideration.

Annexure Details (Annexure-I)

Breakdown of the 6,47,51,092 share acquisition:

  • Vir Sen Sindhu from Satya Pal Sindhu: 1,69,74,194 shares (0.92%)
  • Vir Sen Sindhu from Vrit Pal Sindhu: 1,73,63,465 shares (0.94%)
  • Rudra Sen Sindhu from Dev Suman Sindhu: 3,04,13,433 shares (1.65%)