| Sindhu Trade Links Limited has informed the Exchange regarding We wish to inform you that the Board of Directors of M/s Sindhu Trade Links Limited (the Company), in its ongoing effort to diversify and expand into strategic and future critical sectors, has approved a long-term growth strategy focused on critical minerals and metals building upon the National Critical Mineral Mission of India and the increasing demand for critical minerals and metals across the globe fueled by infrastructure expansion. Pursuant to this strategy the Company will explore potential investment and acquisition opportunities in the Lithium mining and Rare Earth Element (REE) mining sectors, both in India and overseas and mining of metals such as Iron Ore which are critical for India and the global infrastructure expansion.The Company intends to pursue acquisition of mines with integrated infrastructure in Indonesia where it has a proven track record of developing greenfield mines along with associated infrastructure. The Company has identified potential targets for this acquisition.As part of its growth strategy, the Company is considering deployment of upto USD 100 Million (INR equivalent) in suitable projects or ventures, either directly or through subsidiaries or strategic joint ventures, with a focus on securing upstream resources critical to the energy transition, electric mobility and advanced electronics industries. The company intends to pursue organic growth by participating in auctions for some of the upcoming blocks in India through strategic alliances with partners as well as acquire mineral blocks in India as well as overseas to fast track the development timelines.As part of this strategy, the company is evaluating opportunities in Asia, Africa and Australia and has shortlisted a few potential targets.This initiative aligns with the Company s long-term vision to contribute in Indian s resource security and green industrialization goals and to create a robust presence in the Global critical minerals value chain and building on its and its group Companies several decades of experience in developing and operating mineral projects.Further updates shall be provided to the Stock Exchange in accordance with applicable laws and as development materialize.You are requested to take the above on record.. |