Sical Logistics Limited — Important, 04-11-2024: Agreements
04-11-2024 · 07:17 pm
Sical Logistics Ltd. has executed inter-corporate loan agreements with its wholly-owned subsidiary, Pristine Value Logistics Pvt. Ltd., for up to Rs. 6 crore, and with its step-down subsidiary, Sical Multimodal and Rail Transport Ltd., for up to Rs. 20 crore. Both loans are unsecured, have a 12.5% annual interest rate, and are repayable after two years. The transactions have been conducted at arm's length. Further details are available on the company's website.
No comments yet. Be the first to comment!
