Sical Logistics Limited has officially concluded its postal ballot proceedings conducted through remote electronic voting on April 10, 2026 at 05:00 p.m. IST. The company has submitted regulatory disclosures to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Disclosure

The company filed its disclosure under SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, providing a comprehensive summary of the postal ballot proceedings. Company Secretary and Compliance Officer Vaishali Jain (ICSI Membership No. A58607) signed the regulatory submission on behalf of the company.

Resolutions Presented for Approval

The postal ballot covered four key resolutions requiring shareholder consent:

E-Voting Process Timeline

The remote e-voting process followed regulatory guidelines with structured timelines:

Regulatory Framework and Infrastructure

The postal ballot was conducted in compliance with Sections 110 and 108 of the Companies Act, 2013, Companies (Management and Administration) Rules, 2014, and various MCA circulars including circular no. 03/2025 dated September 22, 2025. The company engaged Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process.

M/s KRA & Associates, Company Secretaries (Firm Registration Number P2020TN082800) was appointed as scrutinizer to conduct the postal ballot process in a fair and transparent manner. The e-voting facility was disabled by CDSL immediately after the conclusion time.

Next Steps and Result Declaration

The scrutinizer will submit their report on remote e-voting, based on which the company will declare the voting results. The voting results along with the scrutinizer's report will be submitted to stock exchanges within prescribed timelines and made available on the company's website at https://sical.in/ and on CDSL's website at www.evotingindia.com .

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.

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.

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.