Meeting Details

  • Type of Meeting: Postal Ballot through remote e-voting
  • Voting Period: August 6, 2026 (9:00 AM IST) to September 4, 2026 (5:00 PM IST)
  • Cut-off Date: July 31, 2026
  • Total Shareholders on Record Date: 40,727

Proposed Resolutions and Implications

Resolution 1: Ordinary Resolution

To approve material related party transactions between Sical Logistics Limited and Sical Multimodal and Rail Transport Limited (step-down material subsidiary) for securing credit facilities aggregating ₹115 crore from Axis Bank Limited, including mortgage over CFS land and corporate guarantee.

Resolution 2: Special Resolution

To approve creation of mortgage on land and building of Sical Multimodal and Rail Transport Limited: (a) first pari-passu charge for ₹115 crore facilities from Axis Bank, and (b) second ranking charge for ₹5.61 crore working capital term loan from HDFC Bank under ECLGS 5.0.

Resolution 3: Ordinary Resolution

To approve material related party transactions between Sical Logistics Limited and Pristine Malwa Logistics Park Private Limited (immediate holding company) for securing term loan facility aggregating ₹85 crore from Axis Bank Limited, including pledge of equity shares and corporate guarantee.

Voting Process and Methods

  • Mode: Remote e-voting only
  • Service Provider: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: M/s. KRA & Associates, Practicing Company Secretaries
  • Notice Dispatch: Electronic mode on August 3, 2026
  • Newspaper Publication: Business Standard (English) and Makkal Kural (Tamil) on August 4, 2026

Key Voting Outcomes

Overall Participation

  • Total Shares Outstanding: 7,97,84,870
  • Total Votes Polled: 5,97,51,337 (7.49% of outstanding shares)

Resolution-wise Results

Resolution 1 (Ordinary):

  • Votes in Favor: 5,96,15,92 (99.77%)
  • Votes Against: 13,545 (0.23%)
  • Result: Passed

Resolution 2 (Special):

  • Votes in Favor: 6,46,03,495 (99.98%)
  • Votes Against: 13,545 (0.02%)
  • Result: Passed

Resolution 3 (Ordinary):

  • Votes in Favor: 5,96,15,82 (99.77%)
  • Votes Against: 13,555 (0.23%)
  • Result: Passed

Category-wise Voting Breakdown

Promoter & Promoter Group:

  • Shares Held: 5,86,41,903
  • Votes Polled: 5,86,41,903 (100% participation)
  • All votes in favor for all resolutions

Public Institutions:

  • Shares Held: 27,16,360
  • Votes Polled: 21,15,332 (77.87% participation)
  • All votes in favor for all resolutions

Public Non-Institutions:

  • Shares Held: 1,84,26,607
  • Votes Polled: 38,59,805 (20.95% participation)
  • Votes in Favor: 99.65%
  • Votes Against: 0.35%

Scrutinizer's Role and Findings

  • Scrutinizer: M/s. KRA & Associates
  • Voting System: CDSL e-voting platform
  • Witnesses: Mr. Tushar Y and Mr. Akash K (non-employees)
  • Unblocking Date: September 4, 2026 in presence of witnesses
  • Findings: Voting process conducted fairly and transparently
  • Number of Members Voting: 110-112 across different resolutions

Compliance Confirmation

Compliance confirmed with:

  • Sections 108 and 110 of Companies Act, 2013
  • Companies (Management & Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circular No. 03/2025 dated September 22, 2025
  • Secretarial Standard-2 on General Meetings

Additional Information

  • Company CIN: L51909TN1955PLC002431
  • Documents hosted on company website (https://sical.in) and CDSL website (www.evotingindia.com)
  • Registrar and Share Transfer Agent: Cameo Corporate Services Limited