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.

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 strengthens the company’s financial leadership team and was approved by the Board of Directors at a meeting held on July 30, 2026. The decision follows recommendations from both the Nomination and Remuneration Committee and the Audit Committee.

The disclosure was made 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 filing also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, which outlines the procedural requirements for such appointments.

Appointment Details

The Board formally inducted Mr. Krishnan into the role on July 30, 2026. This appointment addresses 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/ .