Sical Logistics Limited has announced a significant debt reduction initiative through the partial repayment of ₹70,00,00,000 against its existing rupee term loan facility. The company disclosed this development to stock exchanges on March 19, 2026, as part of its regulatory obligations under SEBI listing requirements.

Debt Repayment Details

The partial repayment was made against the existing rupee term loan facility availed from Aditya Birla Capital Limited and other lenders. The repayment amount represents a substantial reduction in the company's debt obligations and forms part of Sical Logistics' broader strategy to optimize its capital structure.

Strategic Impact on Financial Position

This pre-payment initiative is expected to deliver multiple financial benefits to the company. The reduction in overall outstanding debt is anticipated to lower finance costs, directly impacting the company's profitability metrics. Additionally, the debt reduction is expected to improve key leverage ratios, strengthening the company's financial position and creditworthiness.

Capital Structure Optimization

The debt repayment aligns with Sical Logistics' ongoing efforts to optimize its capital structure. This strategic financial management approach demonstrates the company's commitment to:

• Reducing debt burden and associated interest costs
• Improving financial flexibility for future operations
• Strengthening balance sheet fundamentals
• Maintaining prudent financial management practices

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Vaishali Jain signed the disclosure, ensuring compliance with mandatory reporting requirements for material developments affecting the company's financial position.

Sical Logistics Limited has successfully completed its rights issue process with the allotment of 1,45,35,790 rights equity shares at Rs. 64 per share and subsequent regulatory compliance activities. The company has now published mandatory post-issue advertisements in newspapers as required under SEBI regulations.

Rights Issue Allotment Details

The rights equity shares carry a face value of Rs. 10 each and were issued at Rs. 64 per share, which includes a premium of Rs. 54 per share. The allotment was approved through a Board circular resolution on March 12, 2026, at 5:30 p.m., following comprehensive regulatory procedures and stakeholder consultations.

Capital Structure Transformation

The rights issue has resulted in a substantial increase in Sical Logistics' paid-up equity share capital:

This represents an increase of approximately 22.29% in the total number of equity shares outstanding and a corresponding increase in the paid-up share capital.

Regulatory Compliance and Publication

In compliance with Regulation 92(1) of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Sical Logistics published post-issue advertisements on March 14, 2026. The advertisements were published in the following newspapers:

Issue Performance and Allotment Statistics

The rights issue, which opened for subscription on February 26, 2026, and closed on March 10, 2026, received strong response from shareholders:

Corporate Communication and Transparency

The allotment details were formally communicated to both BSE Limited and National Stock Exchange of India Limited through official disclosure letters. Company Secretary and Compliance Officer Vaishali Jain signed the regulatory filings, ensuring proper corporate governance procedures were followed throughout the rights issue process. The company has made all required information available on its website at sical.in for stakeholder access, maintaining full transparency in compliance with regulatory requirements.