ALPHA TRIBE

Sical Logistics LimitedOthers, 08-08-2025: Shareholders meeting

08-08-2025 | 07:40 pm

Sical Logistics shareholders have approved three crucial resolutions, enabling the company to secure a ₹250 Cr term loan facility. Shareholders greenlit a material related party transaction with Sical Multimodal and Rail Transport Limited (SMART), allowing SMART to mortgage its land and building to secure this loan. Additionally, a pledge on 53.60% of shares in Sical Infra Assets Limited (SIAF), a material subsidiary, was approved. This shareholder mandate strengthens Sical Logistics' financial position and supports its operational funding.

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