Loan & Debt17 Jun 2025, 02:02 am
Sical Logistics Secures INR 250 Crores Rupee Term Loan from Aditya Birla Capital
AI Summary
Sical Logistics Limited has executed a rupee term loan facility agreement with Aditya Birla Capital Limited for an amount of INR 250,00,00,000. The loan will be utilized for refinancing the existing loan obligations of the Company and transaction related expenses. The Company has also executed share pledge agreements with Aditya Birla Capital Limited, Pristine Malwa Logistics Park Private Limited, and Sical Infra Assets Limited for securing the loan.
Key Highlights
- Sical Logistics secures INR 250 crores term loan from Aditya Birla Capital
- Loan to be utilized for refinancing existing loan obligations and transaction expenses
- Company has executed share pledge agreements with Aditya Birla Capital, Pristine Malwa Logistics Park, and Sical Infra Assets Limited