Sical Logistics Limited — Important, 17-06-2025: Agreements

Sical Logistics has announced a board meeting to discuss the financial results for the quarter and half-year. The company secured a ₹250 Cr term loan from Aditya Birla Capital to refinance debt and cover related expenses. The 3-year loan is secured by charges on movable assets, receivables, and pledged shares of subsidiaries and promoters. Lenders can appoint a nominee director if default occurs, with restrictions on capital structure changes without their consent, keeping control with the promoter group.