Sical Logistics Limited has postponed its board of directors meeting originally scheduled for Wednesday, August 12, 2026, to Friday, August 14, 2026. The rescheduled meeting will consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026 (Q1FY27). The postponement was due to unforeseen and unavoidable circumstances.

The company issued an intimation on August 12, 2026, in furtherance of a prior notice dated August 6, 2026. The earlier notice had informed investors that the board meeting was scheduled for August 12, 2026, to approve the quarterly results.

Meeting Details

The intimation was signed by Seshadri Rajappan, Whole-time Director of Sical Logistics Limited, with DIN 00862481. The company requested stakeholders to take the information on record.

Sical Logistics Limited has published its postal ballot notice in national and vernacular newspapers to seek shareholder approval for material related party transactions (RPTs) aggregating up to ₹115,00,00,000/- (Rupees one hundred fifteen crore only). The publication, dated August 04, 2026, follows the electronic dispatch of the ballot notice on August 03, 2026, ensuring compliance with regulatory disclosure norms while facilitating remote e-voting for members. These transactions are critical for securing credit facilities from Axis Bank Limited and maintaining the company’s liquidity structure through guarantees from its subsidiary and holding company.

The newspaper advertisements appeared in Business Standard (English) and Makkal Kural (Tamil) on August 04, 2026. This step completes the mandatory public disclosure requirement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice informs shareholders that the voting window opens at 09:00 a.m. IST on Thursday, August 06, 2026, and closes at 05:00 p.m. IST on Friday, September 04, 2026. Only members holding shares as of the cut-off date, July 31, 2026, are eligible to participate in the e-voting process facilitated by Central Depository Services (India) Limited (CDSL).

Transaction Overview and Security Structure

The postal ballot seeks approval for three key resolutions involving Sical Multimodal and Rail Transport Limited (“SMART”) and Pristine Malwa Logistics Park Private Limited (“Pristine Malwa”). SMART, a step-down material subsidiary in which Sical Logistics holds a 53.60% indirect stake, will provide an unconditional corporate guarantee for the Axis Bank facilities. In return, SMART will create a first pari-passu charge over its land and building in Vallur, Chennai. Additionally, a second-ranking charge will be created over SMART’s land in Anuppampattu village to secure a working capital term loan of ₹5,60,83,000/- from HDFC Bank Limited.

Pristine Malwa, the immediate holding company with a 73.50% stake in Sical Logistics, will secure a term loan facility of ₹85,00,00,000/- by pledging equity shares with a security cover of up to 1.25x. It will also provide a corporate guarantee. The term loan has a door-to-door tenor of nine years, while the working capital component includes a cash credit facility repayable on demand and a bank guarantee facility valid for up to four years.

Regulatory Compliance and Voting Process

The transactions qualify as material RPTs under Regulation 2(1)(zb) and Regulation 23 of the SEBI LODR Regulations, 2015, as their aggregate value exceeds 10% of Sical Logistics’ annual consolidated turnover. The audit committee approved the transactions on May 23, 2026, after certification by the whole-time director and CFO regarding their alignment with the company’s best interests. The Board of Directors subsequently recommended the resolutions for shareholder approval. M/s KRA & Associates has been appointed as the scrutinizer to ensure a fair voting process, with results to be declared within two working days of the voting conclusion.