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Sical Logistics Limited
6 articles
Sical Logistics concluded its 71st Annual General Meeting, approving financial statements and director appointments with overwhelming shareholder support, alongside the appointment of CNGSN & Associates LLP as the new statutory auditor. The company highlighted a strong fiscal year 2026 performance, reporting ₹3,857 million in revenue and ₹492 million in profit, reflecting a business transformation. However, a recent pledge of 1.19 crore shares by a promoter entity, Pristine Malwa Logistics Park, securing an ₹85 crore term loan from Axis Bank, introduces a potential risk factor for investors to monitor regarding the company’s financial leverage and promoter stability.
Sical Logistics Wins Rs 39.23 Crore SAIL Contract
Sical Logistics received a Rs 39.23 crore contract from Steel Authority of India for excavation and transportation work.
The domestic contract involves iron ore operations at Dalli Mech Mine from Octo
Sical Logistics Appoints CNGSN as Statutory Auditor
Sical Logistics appointed M/s. CNGSN & Associates LLP as statutory auditors for a 5-year term effective September 30, 2026.
M/s SRSV & Associates completed their term as statutory auditors following t
Sical Logistics 71st AGM Voting Results Unanimous Approval
Sical Logistics held its 71st AGM on September 30, 2026, via video conference to vote on four resolutions including financial statements and director appointments.
All four resolutions, including a sp
Sical Logistics 71st AGM Proceedings Summary
Sical Logistics held its 71st AGM on September 30, 2026, via video conferencing to transact four resolutions including financial statement adoption and director appointments.
The company reported stro
Sical Logistics Promoter Pledges 1.19 Crore Shares
Pristine Malwa Logistics Park Private Limited, a promoter of Sical Logistics, created a pledge on 1.19 crore equity shares.
The pledge was created on September 23, 2026, with a stated transaction valu
Sical Logistics Pledges Shares for ₹85 Crore Loan
Sical Logistics discloses execution of a pledge deed for 1.19 crore shares by its holding company.
Pledge secures an ₹85 crore term loan facility from Axis Bank for refinancing purposes.
Transaction i