Sical Logistics has secured a ₹72 crore lease facility from Tata Capital Limited to expand its fleet of commercial equipment. The Board of Directors approved the arrangement during a meeting held on July 30, 2026, enabling the company to acquire essential machinery through leasing rather than outright purchase, preserving capital liquidity while upgrading operational assets.

The Board convened at 11:15 a.m. and concluded at 3:30 p.m. on July 30, 2026. During the session, directors considered and approved the availing of the lease facility up to ₹72 crore from Tata Capital Limited. This move aligns with the company’s strategy to optimize asset utilization and manage balance sheet exposure.

Lease Facility Details

Under the master lease agreement, Sical Logistics will take on lease various types of commercial equipment from Tata Capital Limited. The specific assets include dumpers, excavators, dozers, graders, water tankers, and diesel tankers. The lease term is fixed at 60 months.

Upon the completion of the 60-month lease term, Sical Logistics will purchase the leased commercial equipment from Tata Capital Limited in accordance with the terms specified in the master lease agreement. This structure effectively converts the lease into a long-term acquisition plan.

Regulatory Disclosures

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company referenced SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, regarding the requisite details of the master lease agreement.

Sical Logistics stated that further details of the master lease agreement will be disclosed in due course upon its execution. The information has been hosted on the company’s website at sical.in. The disclosure was signed by Seshadri Rajappa, Whole-time Director of Sical Logistics Limited.

Sical Logistics Limited Sical Logistics Limited has appointed V.T. Doraivel Krishnan as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective July 30, 2026. The appointment was approved by the Board of Directors at a meeting held on July 30, 2026, following recommendations from both the Nomination and Remuneration Committee and the Audit Committee.

The decision was disclosed to the Bombay Stock Exchange and the National Stock Exchange of India Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, which outlines the requirements for such appointments.

Appointment Details

The Board formally inducted Mr. Krishnan into the role on July 30, 2026. The appointment fills a critical leadership position within the company’s financial management structure. No relationships between directors were disclosed in connection with this appointment.

Professional Profile

V.T. Doraivel Krishnan brings over 30 years of experience in finance, treasury, statutory and regulatory compliance, strategic financial planning, budgeting, taxation, internal controls, and corporate finance. His professional background spans multiple sectors, including engineering, manufacturing, EPC, power, fertilizer, and infrastructure.

Regulatory Compliance

The company confirmed that all necessary procedural steps were completed during the board meeting, which commenced at 11:15 a.m. and concluded at 03:30 p.m. on July 30, 2026. The full details of the appointment are available on the company’s website at https://sical.in/ .