FilingReader Intelligence

Sical Logistics secures ₹38 crore loan from HDFC Bank

October 31, 2025 at 05:50 AM UTCBy FilingReader AI

Sical Logistics Limited's board of directors, in a meeting held on October 31, 2025, approved a term loan facility of up to ₹38 crore from HDFC Bank Limited. This financing is a strategic move to enhance the company's commercial equipment fleet.

The secured loan facility is specifically for acquiring commercial equipment from Pristine Malwa Logistics Park Private Limited, identified as Sical Logistics Limited's holding company. This strategic financing is expected to bolster the company's operational assets.

The company indicated that the requisite disclosures, in accordance with Regulation 30 of the Listing Regulations and the Securities and Exchange Board of India master circular, will be made upon the finalization and execution of the term loan agreement. Further information will also be made available on the company's website.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:SICALLOGBombay Stock Exchange

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