
Sale29 Dec 2025, 06:32 pm
Sical Logistics Ltd to Sell Non-Core Assets Worth Rs. 33.09 Crore to Wisteria Towers Private Limited
AI Summary
Sical Logistics Limited has informed the exchange about the sale of its non-core assets situated in Kottapattu village, Trichy district, Tamil Nadu. The sale is in line with the resolution plan submitted by Pristine Malwa Logistics Park Private Limited and approved by the National Company Law Tribunal. The non-core assets comprise of two land parcels collectively admeasuring 5.52 acres. The transaction is expected to be completed by December 29, 2025, with Wisteria Towers Private Limited being the buyer. The buyer does not belong to the promoter/promoter group/group companies.
Key Highlights
- Sale of non-core assets worth Rs. 33.09 crore
- In line with the resolution plan submitted by Pristine Malwa Logistics Park Private Limited
- Approved by the National Company Law Tribunal
- Buyer is Wisteria Towers Private Limited
- Expected completion date is December 29, 2025