Sical Logistics Debt & Borrowing: ₹91 Cr
Sical Logistics's board approved availing a Rs.81 Crore lease facility and a Rs.10 Crore working capital demand loan from Tata Capital. Facility agreement details will follow on execution.
- Value
- ₹91.00 Cr
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Sical Logistics's board approved availing a Rs.81 Crore lease facility and a Rs.10 Crore working capital demand loan from Tata Capital. Facility agreement details will follow on execution.
Sical Logistics Limited's board approved availing a lease facility of ₹72 Crore from Tata Capital Limited for commercial equipment leasing over 60 months.
Sical Logistics secured a Rs.100 crore loan from Axis Bank. The facility includes an 85 crore term loan and 15 crore working capital, enhancing its liquidity.
Sical Logistics secured Rs. 115 Crore credit facilities from Axis Bank. The funds will refinance existing debt and support working capital requirements.
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.