Loan & Debt30 Jul 2026, 05:10 pm
Sical Logistics Secures ₹72 Cr Lease Facility from Tata Capital
AI Summary
Sical Logistics Limited has announced availing a lease facility of up to ₹72 crore from Tata Capital Limited. This facility will be used to lease commercial equipment including dumpers, excavators, dozers, graders, water tankers, and diesel tankers for a period of 60 months. The company plans to purchase the leased equipment upon completion of the lease term. This move is expected to support Sical Logistics' operational needs and fleet expansion.
Key Highlights
- Sical Logistics secures ₹72 crore lease facility from Tata Capital.
- Facility to acquire commercial equipment like dumpers and excavators.
- Lease term is for 60 months with an option to purchase.
- Disclosure made under SEBI Listing Obligations and Disclosure Requirements Regulations.
Price Impact
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