Sical Logistics Limited disclosed that its board of directors, at a meeting held on May 23, 2026 (commencing at 10:30 a.m. and concluding at 3:30 p.m.), approved the availing of credit facilities totaling ₹115 crore (Rupees one hundred fifteen crore only) from Axis Bank Limited.
The credit facilities comprise three components:
- Cash credit facility: ₹15 crore (Rupees fifteen crore only)
- Bank guarantee facility: ₹15 crore (Rupees fifteen crore only)
- Term loan facility (refinancing): ₹85 crore (Rupees eighty-five crore only)
The disclosure is made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The company referenced SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Additional details of the facilities agreement will be disclosed upon execution of the agreement. The information will also be hosted on the company's website at https://sical.in/.
The disclosure was signed by Vaishali Jain, Company Secretary and Compliance Officer (ICSI Membership No. A58607) on behalf of Sical Logistics Limited.