Sical Logistics Share Pledge
Pristine Malwa Logistics Park Private Limited, promoter of Sical Logistics Limited, pledged 1,19,00,000 shares (14.92%). This collateralizes a Rs. 85 Crore loan facility from Axis Bank.
- Value
- ₹85.00 Cr
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Pristine Malwa Logistics Park Private Limited, promoter of Sical Logistics Limited, pledged 1,19,00,000 shares (14.92%). This collateralizes a Rs. 85 Crore loan facility from Axis Bank.
Sical Logistics Ltd's security trustee, CTL Trusteeship Ltd, disclosed the creation of a pledge on 11,900,000 equity shares of the company in favor of Axis Bank Ltd.
Pristine Malwa Logistics Park Private Limited, a promoter of Sical Logistics, created a pledge on 11.9 million equity shares valued at ₹114.78 Crore.
Sical Logistics promoter, Pristine Malwa Logistics, pledged 1.19 crore shares to secure an Rs. 85 Crore loan from Axis Bank. The pledge creates a security interest.
Catalyst Trusteeship Limited has released the encumbrance on 3,28,43,780 equity shares of Sical Logistics Limited following loan repayment. This concludes the security trustee's pledge disclosure.