Livemint Markets • Jun 12, 2026 02:17 PM • Impact Score: 5.0/10 • Severity: MEDIUM

Small-cap stock sets board meeting date to consider fundraise through preferential shares to acquire Singapore firm

Sindhu Trade Links updated its EGM notice for a preferential securities issue to acquire a Singapore firm and expand its mining operations. The EGM is set for June 18, 2026, with revised disclosures made following NSE and BSE requests. The company's shares have increased by 35.44% recently.

Impacted Stocks

SINDHUTRAD — Sindhu Trade

▲ Bullish —

The company is raising capital through a preferential issue specifically to acquire an international firm and expand its core mining operations. This is a material growth catalyst that expands their asset base and revenue potential. Given the upcoming EGM on June 18 to formalize this, swing traders are likely to maintain a bullish bias over the next week as the acquisition details crystallize.

Price at alert: ₹24.39

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