1:8 Bonus Shares: Nitin Gadkari Praises Sellwin Traders For Promoting Indian Agro Produce Globally

With a market valuation of Rs 99.80 Cr, Sellwin Traders Ltd.'s shares were trading at a 5% upper circuit limit on Monday at Rs 4.64 per share. This came after SDF Productions Pvt Ltd, a subsidiary of Sellwin Traders Ltd, received recognition from Union Minister of Road Transport and Highway Shri Nitin Gadkari for its efforts to introduce Indian agricultural products, such as Nagpur oranges and Alphanso mango pulp, to the global marketplace.

The Sellwin Board authorised the acquisition of a 51 percent stake in SDF Productions Pvt. Ltd. on July 19, 2024. Through supply chain integration, market expansion, and revenue enhancement, this strategic investment seeks to grow Sellwin Traders Ltd.'s company. Ayudhya Global FZC L.L.C. recently placed an order for USD 1.16 million, Rajesh Global GmbH recently placed an order for USD 1.20 million, and Shing Exim General Trading L.L.C. recently placed an order for USD 1.15 million for Alphonso mango pulp, Kesar mango pulp, etc. through SDF Productions, a subsidiary of Sellwin Traders Ltd. Sellwin anticipates that the commercial agreement with SDF Productions Pvt Ltd would generate more than Rs. 30 crore in revenue annually, with attractive margins of 35-40%.

Additionally, Sellwin signed a Memorandum of Understanding with SDF Productions Pvt Ltd, an agri-export company that specialises in rice, tea, fruits, vegetables, pulses, spices, and pulp. As per the Memorandum of Understanding, SDF Productions Pvt Ltd would receive agricultural goods from Sellwin Traders Ltd and distribute them to Indian and global markets in accordance with purchase orders.

Sellwin Traders Ltd. and Secorbit FZCO of the United Arab Emirates signed a Memorandum of Understanding (MoU) on December 19, 2024, to create a complete tokenisation platform that can tokenise securities, stocks, and tangible assets. The Memorandum of Understanding describes the framework for cooperation between Secorbit and Sellwin Traders Ltd. in the planning, creation, and deployment of the aforementioned platform. After the MoU is signed, the project will be carried out over a 20-month timeframe.

The firm recorded revenue from operations of Rs. 49.67 crore for the first nine months of FY25, a 103% growth over the Rs. 24.43 crore generated during the same period the previous year. Compared to the net profit of Rs. 57 lakh for the same time of the previous year, the net profit for the nine months of FY25 increased nearly thrice to Rs. 2.26 crore.
On January 16, 2025, the board of directors of Sellwin Traders Ltd., a company situated in Ahmedabad, authorised the preferential allocation of up to 2.5 crore convertible warrants of the firm at a minimum price of Rs. 5.50 (including premium) per warrant, raising Rs. 13.75 crore. Within 18 months of the warrant's issuance date, each warrant holder will have the opportunity to apply for one equity share of the company, each with a face value of Rs. 2. During the meeting, the firm board also authorised raising the business's authorised share capital from Rs. 45 crores to Rs. 50 crore.

2,48,62,500 bonus equity shares worth Rs. 2 apiece were distributed by the firm to eligible shareholders on November 4, 2024. The company authorised the issuance of bonus shares to current equity shareholders from the Free Reserves and Security Premium Account at a ratio of 1:8 (one new fully paid-up equity share of Rs. 2 each for every 8 existing fully paid-up equity shares of Rs. 2 each). The sub-division or split of each equity share with a face value of Rs. 10 fully paid up to five equity shares with a face value of Rs. 2 each was also authorised by the company board. The bonus and stock split record date was set for November 1, 2024.