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, with the lease term fixed at 60 months. Upon completion of the 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, effectively converting 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, and the disclosure was signed by Seshadri Rajappa, Whole-time Director of Sical Logistics Limited.

Pristine Malwa Logistics Park Private Limited, the promoter of Sical Logistics , has confirmed that it has not created any new encumbrance on the shares held by it or persons acting in concert during the financial year ended March 31, 2026. The declaration was submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure ensures that the promoter group has not pledged or charged its shareholding in Sical Logistics beyond what was already disclosed to the stock exchanges. This confirmation is significant for shareholders as it indicates the stability of the promoter's holding structure during the specified period. The declaration was signed by Vikas, Director of Pristine Malwa Logistics Park Private Limited.

The filing explicitly states that the confirmation covers the promoter and all persons acting in concert. It restricts the scope of the declaration to the financial year ended March 31, 2026, ensuring that any encumbrance created prior to this period and already disclosed remains unaffected by this statement.

Regulatory Compliance

The submission was made to satisfy the requirements of Regulation 31(4) of the Takeover Regulations. This regulation mandates promoters to disclose any encumbrance on shares held by them or persons acting in concert. The letter was addressed to the stock exchanges on April 07, 2026, and a copy was marked to the Audit Committee of Sical Logistics Limited.