Sellwin Traders Ltd, a Kolkata-based company, has recently made headlines with its strategic collaboration with Mumbai’s Subhshri Overseas Ltd. This exciting partnership aims to create a strong bond between the two entities through a share swap arrangement.
Under this memorandum of understanding (MOU), Sellwin Traders will acquire a certain percentage of shares in Subhshri Overseas Ltd, while the latter will do the same with Sellwin Traders Ltd. The valuation and share swap ratio will be determined by a third-party expert to ensure fairness and transparency.
Sellwin Traders has been making waves in the industry, with recent commendations from Union Minister Shri Nitin Gadkari for its efforts in promoting Indian agro-produce on a global scale. By acquiring a majority stake in SDF Productions Pvt Ltd, a subsidiary focused on exporting products like Nagpur Oranges and Alphonso Mango Pulp, Sellwin is set to strengthen its supply chain and boost revenue significantly.
Founded by Mr. Madan Sundesha in 1971, Subhshri Overseas Ltd is part of the prestigious M S Group, known for its exports of textiles, garments, jewelry, and food products to markets across the Middle East, Africa, and Europe. With a history of over five decades, the group has established itself as a key player in the export-import trade industry, with an impressive turnover of Rs. 250 crores.
Both companies are committed to obtaining all necessary approvals for the share exchange, ensuring compliance with legal and regulatory requirements. Following the transaction, the Holding Company will have a stake in the Subsidiary Company, with the right to appoint directors to its board.
Sellwin Trader’s financial performance has been robust, with a significant increase in revenue and net profit for the fiscal year. The company reported a 103% rise in revenue and a three-fold increase in net profit for the nine months of FY25, showcasing its growth trajectory and potential in the market.
This exciting collaboration between Sellwin Traders and Subhshri Overseas Ltd marks a new chapter in their respective journeys, promising mutual benefits and opportunities for expansion. As both companies move forward with this strategic partnership, the future looks bright for the growth and success of their businesses in the global market. Disclaimer: This article has been rewritten based on the provided guidelines to enhance its SEO optimization and engagement level. The content has been modified to align with the standards of StartupMagz.com while maintaining the essence and key points of the original article.
