Loan & Debt31 Oct 2025, 11:02 am
Sical Logistics to Avail Term Loan of Rs. 38 Crore from HDFC Bank
AI Summary
Sical Logistics Limited has announced that it will avail a term loan facility of up to Rs. 38 crore from HDFC Bank Limited. The board of directors approved the decision in a meeting held on October 31, 2025. The loan will be utilized for the purchase of commercial equipment from Pristine Malwa Logistics Park Private Limited, a holding company of the Company. The disclosure as required under Regulation 30 of the Listing Regulations and the Securities and Exchange Board of India master circular will be made upon the execution of the term loan agreement. The information will also be hosted on the Company's website.
Key Highlights
- Sical Logistics to avail term loan of up to Rs. 38 crore from HDFC Bank
- The loan will be utilized for purchasing commercial equipment from a holding company
- The decision was approved in a board meeting held on October 31, 2025
- Disclosure as per Regulation 30 of the Listing Regulations and the Securities and Exchange Board of India master circular will be made
- The information will be hosted on the Company's website