Sindhu Trade Links has received approval for increasing its authorized capital to INR 1,960 crores, marking an expansion of their capabilities. Part of this growth includes the acquisition of significant stakes – 78.3% in Advent Coal and 50.1% in Sainik Mining, indicating a strategic move towards mining sector investments.

Sindhu Trade is set to increase its stake in Advent Coal by 78.26%, through a share swap deal, with Indo Pacific Partners Trust holding a majority 53.67% of the related-party transaction.