Sical Logistics Debt & Borrowing: ₹115 Cr
Sical Logistics approved availing ₹115 Crore in credit facilities from Axis Bank Limited. The package includes working capital limits and an ₹85 Crore refinancing term loan.
- Value
- ₹115.0 Cr
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Sical Logistics approved availing ₹115 Crore in credit facilities from Axis Bank Limited. The package includes working capital limits and an ₹85 Crore refinancing term loan.
Sical Logistics Ltd submitted its quarterly Monitoring Agency Report for the Rs 93.03 Crore rights issue. Brickwork Ratings confirmed no deviations in fund utilization.
Sical Logistics Limited announced the successful passage of four resolutions via postal ballot with requisite majority. Shareholders approved material related party transactions, creation of mortgages, and the appointment of Mr. Sharad Kumar as an independent director. The voting results and scrutinizer's report confirm compliance with SEBI and Companies Act regulations.
Sical Logistics Limited announced the conclusion of its postal ballot process on April 10, 2026. Shareholders voted on resolutions including related party transactions with subsidiaries, mortgage creation, and the appointment of Mr. Sharad Kumar as an Independent Director. Voting results and the scrutinizer's report will be submitted to exchanges within prescribed timelines.
Sical Logistics Limited announced the amalgamation of its promoter, Pristine Malwa Logistics Park, into its promoter group entity, Pristine Logistics & Infraprojects. The restructuring aims to achieve operational synergies and simplify the corporate structure. There will be no change in the aggregate promoter holding or management control of the company following the merger.
Sical Logistics announced the amalgamation of its promoter, Pristine Malwa Logistics Park, into its promoter group entity, Pristine Logistics & Infraprojects. The merger aims to achieve operational synergies and simplify the corporate structure. There will be no change in management or paid-up capital of the Company, though the promoter name will be updated in shareholding records.