Sellwin Traders Ltd enters into MOU with Rs. 250 crore Subhshri Group to form a strategic association
Jan 23, 2025
Kolkata (West Bengal) [India], January 23: Kolkata based Sellwin Traders Ltd has entered into a Memorandum of Understanding (MOU) with a Mumbai based Rs. 250 crore group, Subhshri Overseas Ltd to form a strategic association. The collaboration aims to establish a Holding company (Sellwin Traders) - Subsidiary company (Subhshri Overseas Ltd) relationship via a share swap arrangement. This MOU is a non-binding agreement and does not create any legal obligations on either party, except for confidentiality and the commitment to good faith negotiations.
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