Sellwin Traders Signs MOU for 20% Stake in Myzek Logistics
Filing Summary
Sellwin Traders Ltd has entered a Memorandum of Understanding (MOU) with Myzek Logistics Pvt Ltd to acquire an initial 20% equity stake, with an option to increase to 35%. The deal involves a share swap at Rs. 15 per share, above Sellwin’s current share price of Rs. 8.93. The MOU includes potential funding support of Rs. 5 crore. Sellwin also advances a 36% investment in Patel Container India Pvt Ltd and a strategic partnership with Shivam Contracting Inc. Financial results for H1FY26 show a 283% increase in PAT to Rs. 5.86 crore.
Sellwin Traders Ltd has signed a Memorandum of Understanding (MOU) with Myzek Logistics Pvt Ltd to acquire an initial equity stake of up to 20%. This agreement includes an option to increase the stake to 35% over time. The transaction is structured as a share swap at Rs. 15 per share, which is above the current market price of Rs. 8.93 per share for Sellwin Traders. The MOU is non-binding and subject to due diligence, valuation, shareholder, and regulatory approvals.
The financial terms of the MOU include a potential funding support of up to Rs. 5 crore by Sellwin Traders. This funding may be structured as a convertible instrument to support Myzek’s fleet expansion, technology upgrades, and geographic scale-up. For the half-year ended FY26, Sellwin Traders reported a 283% increase in PAT to Rs. 5.86 crore, with revenue rising by 13% to Rs. 36.53 crore.
Operationally, the MOU outlines a strategic equity partnership with Myzek Logistics, which operates under the brand “Dropon Deck.” Myzek handles logistics for companies such as JioMart, Zomato, and Blinkit. The company has over 68,000 registered users and has delivered more than 5.03 lakh orders. Myzek plans to expand into Tier-2 cities and adopt new-age delivery technologies and sustainable mobility solutions.
The timeline for the proposed equity acquisition and funding support is contingent upon the completion of due diligence, valuation, and obtaining necessary approvals. The MOU remains valid for a specified period, during which both parties aim to finalize definitive agreements.
Sellwin Traders is also advancing its strategic partnership with Patel Container India Pvt Ltd (PCIPL) by initiating a formal share swap agreement for a 36% investment in PCIPL’s container manufacturing project. Additionally, Sellwin has signed an MOU with Shivam Contracting Inc. to potentially acquire a 60% equity stake, with an investment of up to USD 6 million. This agreement includes a guaranteed minimum return of 7% per annum on repatriated funds.
The market context for these strategic moves aligns with Sellwin Traders’ focus on investing in scalable, future-ready businesses. The logistics and mobility segment is experiencing significant growth, and Sellwin aims to capitalize on this trend through its partnership with Myzek Logistics. The collaboration with PCIPL and Shivam Contracting further diversifies Sellwin’s investment portfolio and enhances its presence in the logistics and infrastructure sectors.
Myzek Logistics Pvt Ltd is a technology-led logistics platform focusing on eco-friendly last-mile delivery services. The company has established a strong operational presence in key cities in Gujarat and plans to expand further while adopting innovative delivery technologies.
Sellwin Traders Ltd is focused on strategic investments in scalable businesses across various sectors. The company aims to enhance shareholder value through targeted equity partnerships and strategic alliances, aligning with its long-term growth objectives.