Sical Logistics Limited — Others, 08-05-2025: Shareholders meeting

Sical Logistics Ltd. has announced a board meeting to approve material related party transactions with Pristine Malwa Logistics Park Pvt. Ltd. Shareholders have approved leasing commercial equipment from this party at an arm's length rent of up to Rs. 7.74 Cr per year from FY26 to FY30, totaling Rs. 24.95 Cr (excluding taxes) including prior leases. The lease includes an option to purchase the equipment based on its residual value. This arrangement helps meet operational requirements while optimizing capital use through leasing.