Shareholding28 Sept 2026, 02:24 pm
Sical Logistics Promoter Pledges 14.92% Shares for Loan
AI Summary
Pristine Malwa Logistics Park Private Limited, a promoter of Sical Logistics Ltd, has disclosed the creation of a pledge on 1,19,00,000 equity shares, representing 14.92% of the total share capital. This encumbrance was created on September 23, 2026, in favor of CTL Trusteeship Limited as the Security Trustee. The pledge is to secure a Term Loan facility availed by Sical Logistics Limited from Axis Bank Limited. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter Pristine Malwa Logistics pledged 14.92% of Sical Logistics shares.
- Pledge created on September 23, 2026, for a term loan.
- Secures a loan facility from Axis Bank Limited.
- Disclosure made under SEBI Takeover Regulations.
- CTL Trusteeship Limited acts as the Security Trustee.
Price Impact
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