Sical Logistics Merger & Restructuring Worth ₹1.8 Cr
Sical Logistics sold non-core assets in Chennai to Roshan Foundations Limited for ₹0.18 Crore. The sale aligns with an NCLT-approved resolution plan.
- Value
- ₹1.80 Cr
- Execution
- June 30, 2026
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Sical Logistics sold non-core assets in Chennai to Roshan Foundations Limited for ₹0.18 Crore. The sale aligns with an NCLT-approved resolution plan.
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.