Sical Logistics Announces Amalgamation Between Promoter and Promoter Group Entity

Sical logistics has announced a significant corporate restructuring involving the amalgamation of its promoter company with its promoter group entity. The logistics company disclosed that the boards of Pristine Malwa Logistics Park Private Limited (promoter) and Pristine Logistics & Infraprojects Limited (promoter group entity) have approved a scheme of amalgamation during their respective board meetings held on April 09, 2026.

Amalgamation Details

The scheme involves the merger of Pristine Malwa Logistics Park Private Limited, which serves as the promoter and holding company of Sical Logistics, with Pristine Logistics & Infraprojects Limited, the promoter group entity and ultimate holding company. The amalgamation will be executed under Section 233 of the Companies Act, 2013, along with applicable rules and regulations.

Parameter	Details
Meeting Date	April 09, 2026
Meeting Duration	05:15 pm to 05:30 pm
Regulatory Framework	Section 233 of Companies Act, 2013
Required Approvals	Shareholders and creditors consent

Strategic Objectives

The management has outlined several key objectives for this corporate restructuring initiative:

Financial Integration: Achieve greater financial strength and flexibility to maximize overall shareholder value
Operational Efficiency: Realize economies of scale and reduce administrative, managerial, and operational expenditure
Corporate Simplification: Streamline corporate structure by reducing multiple legal and regulatory compliance requirements
Synergy Creation: Generate operational synergies leading to greater productivity and economical operations
Asset Optimization: Enhanced ability to leverage asset base for stakeholder value creation

Impact on Shareholding Structure

The proposed amalgamation will result in specific changes to the corporate structure while maintaining stability in ownership and control.

Aspect	Impact
Aggregate Promoter Holding	No change
Management Control	No change
Share Capital	No change in issued and paid-up capital
Promoter Identity	Promoter group entity becomes direct promoter

Regulatory Compliance

The transaction falls under the exemption provisions of Regulation 10(1)(d)(iii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure has been made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Next Steps

The scheme remains subject to obtaining statutory approvals and consent from respective shareholders and creditors of both entities under applicable laws. Upon the scheme becoming effective, Pristine Malwa Logistics Park Private Limited will stand dissolved without winding up proceedings and will be succeeded by Pristine Logistics & Infraprojects Limited as the promoter of Sical Logistics.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.66%	+2.37%	-1.32%	-17.51%	-13.78%	+456.43%

Sical logistics Limited has appointed Ernst & Young LLP as its Investor Relations Agency to strengthen investor communication and enhance its presence in capital markets. The appointment was disclosed to stock exchanges on 02.04.2026 under regulatory compliance requirements.

Strategic Investor Relations Enhancement

The company has engaged Ernst & Young LLP to provide Investor Relations Advisory Services as part of its commitment to improving stakeholder engagement. This strategic move is designed to enhance transparency and strengthen communication channels with the investment community.

Parameter:	Details
Appointed Agency:	Ernst & Young LLP
Service Type:	Investor Relations Advisory Services
Disclosure Date:	02.04.2026
Regulatory Framework:	SEBI Regulation 30

Regulatory Compliance and Market Visibility

The appointment falls under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates disclosure of material events and information. Sical Logistics Limited has informed both BSE Limited and National Stock Exchange of India Limited about this development.

The company stated that the appointment aims to achieve multiple objectives including strengthening investor communication, enhancing transparency, and improving visibility in capital markets. This initiative reflects the company's focus on maintaining robust investor relations practices.

Corporate Communication Framework

The disclosure was signed by Vaishali Jain, Company Secretary and Compliance Officer of Sical Logistics Limited. The company maintains its registered office at South India House, 73 Armenian Street, Chennai, and operates under CIN: L51909TN1955PLC002431.

This appointment represents a proactive step by Sical Logistics Limited to strengthen its investor relations infrastructure through professional advisory services from a recognized consulting firm.