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Logistics Solution Provider
Loan & Debt14 Aug 2026, 07:30 pm

Sical Logistics Secures ₹50 Cr Loan from ICICI Bank, ₹100 Cr Lease from Bajaj Finance

AI Summary

Sical Logistics Limited's board of directors has approved availing a commercial equipment loan facility of up to ₹50 crore from ICICI Bank Limited and a lease facility of up to ₹100 crore from Bajaj Finance Limited. The board also considered and approved the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026. Details of the loan and lease agreements will be disclosed upon execution. The company also took on record the limited review report from its statutory auditor, SRSV & Associates, on the quarterly financial results.

Key Highlights

  • Board approved ₹50 crore loan facility from ICICI Bank.
  • Board approved ₹100 crore lease facility from Bajaj Finance.
  • Unaudited financial results for Q1 FY27 approved.
  • Limited review report on financial results taken on record.