Loan & Debt27 Oct 2026, 05:30 pm
Sical Logistics Avails ₹91 Cr Lease & Working Capital Loan
AI Summary
Sical Logistics Limited announced that its Board of Directors has approved availing a Lease Facility of up to ₹81,00,00,000.00 (₹81 Crore) and a Working Capital Demand Loan Facility of up to ₹10,00,00,000.00 (₹10 Crore) from Tata Capital Limited. The company will disclose further details upon the execution of the agreement. This move aims to bolster the company's financial resources and operational capabilities.
Key Highlights
- Sical Logistics secures ₹81 Crore lease facility from Tata Capital.
- Additional ₹10 Crore working capital loan facility approved.
- Board of Directors approved the financial arrangements.
- Details to be disclosed upon agreement execution.
Price Impact
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