Sellwin Traders touches the roof after signing MoU with Shivam Contracting Inc
Sellwin Traders is currently trading at its upper circuit limit of Rs 10.34, up by 0.20 points or 1.97% from its previous closing of Rs 10.14 on the BSE.
The scrip opened at Rs 10.34 and has touched a high and low of Rs 10.34 and Rs 10.34 respectively. So far 807305 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs 2 has touched a 52-week high of Rs 10.34 on 25-Aug-2025 and a 52-week low of Rs 2.71 on 15-Apr-2025.
Last one week high and low of the scrip stood at Rs 10.34 and Rs 9.39 respectively. The current market cap of the company is Rs 237.74 crore.
The Non-Institutions holding in the company stood at 100%.
Sellwin Traders (STL) has signed a memorandum of understanding (MoU) with Shivam Contracting Inc. (SCI), a U.S.-incorporated corporation to form a strategic equity-linked partnership. Under the MOU, STL has agreed in principle to invest up to Rs 52 crore to participate in SCI’s ongoing and future projects across the United States. Under the terms of the MOU between both parties, Sellwin Traders can acquire a 60% equity stake in Shivam Contracting Inc. The acquisition consideration will be settled via issuance of shares by Sellwin Traders at agreed rate which should not be less than Rs 18 per share. A fair valuation of SCI for this deal will be conducted as of December 31, 2025. The MOU remains valid for 12 months from the signing date.
Shivam Contracting Inc. commits to repatriating the invested funds to India within two years of each tranche, with a guaranteed minimum return of 7% per annum-designed to ensure attractive risk-adjusted returns for STL shareholders. Pursuant to the MOU, Sellwin may invest up to Rs 26 crore, reinforcing its vision of global expansion through strategic alliances with a phased, measured approach to capital deployment and partnership growth. Execution of the definitive investment will require approvals from key regulators, including the RBI, SEBI, BSE, FEMA, and MCA in India, alongside relevant corporate and regulatory clearances in the U.S.
Sellwin Traders have been providing services in Real Estate and Properties, Investment and Trading in Shares & Securities, investment in properties, Providing Finance related services and other advisory.
