Sical Logistics Reports Quarterly Profit, Completes Resolution Plan

2 min read     Updated on 13 Nov 2025, 06:33 AM
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Ashish ThakurScanX News Team
Overview

Sical Logistics posted a standalone profit of Rs 994.00 lakhs for Q2 FY2026, compared to a loss of Rs 799.00 lakhs in Q2 FY2025. Total income reached Rs 6,809.00 lakhs, including Rs 3,663.00 lakhs from operations and Rs 3,146.00 lakhs from other income. The company completed its final installment payment under an approved resolution plan, receiving no-objection certificates from major financial creditors. Mr. Seshadri Rajappan was re-appointed as whole-time director for three years, subject to shareholder approval.

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*this image is generated using AI for illustrative purposes only.

Sical Logistics Limited , a prominent player in the integrated logistics services sector, has reported a significant turnaround in its financial performance for the quarter ended September 30, 2025. The company's latest financial results reveal a profit and strategic moves, signaling positive momentum in its operations.

Financial Highlights

Sical Logistics posted a standalone profit of Rs 994.00 lakhs for the quarter, marking a substantial improvement from a loss of Rs 799.00 lakhs in the corresponding quarter of the previous year. This turnaround is particularly noteworthy given the challenging business environment.

For a broader perspective, here's a breakdown of the key financial metrics:

Particular Q2 FY2026 (Rs lakhs) Q2 FY2025 (Rs lakhs)
Profit/(Loss) 994.00 (799.00)
Revenue from Operations 3,663.00 Not provided
Other Income 3,146.00 Not provided
Total Income 6,809.00 Not provided

The half-year results also reflect this positive trend, with the company reporting a profit of Rs 363.00 lakhs, compared to a loss of Rs 2,638.00 lakhs in the previous year's corresponding period.

Significant Contributors to Profit

A major contributor to the quarter's profitability was a substantial other income of Rs 2,854.00 lakhs, primarily from the sale of land. This move has significantly bolstered the company's financial position.

Operational Performance

The revenue from operations stood at Rs 3,663.00 lakhs for the quarter. Sical Logistics continues to focus on providing integrated logistics solutions, leveraging its expertise in various segments of the supply chain.

Resolution Plan Completion

Sical Logistics has successfully completed its final installment payment under an approved resolution plan. The company has received no-objection certificates from major financial creditors, marking a crucial milestone in its financial restructuring efforts. This completion strengthens the company's balance sheet and enhances its credibility in the market.

Leadership Changes

The board of directors has re-appointed Mr. Seshadri Rajappan as whole-time director for three consecutive years, from January 11, 2026, to January 10, 2029, subject to shareholder approval. Mr. Rajappan, with his experience in human resources, industrial relations, and operational expertise in 3PL and port operations, is expected to play a crucial role in the company's future strategies.

Looking Ahead

With the completion of its resolution plan and a return to profitability, Sical Logistics appears to be on a path of financial recovery and operational stability. The company's focus on its core logistics services, coupled with financial management, positions it for potential growth in the coming quarters.

Historical Stock Returns for Sical Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
+2.18%-3.26%-0.45%-14.03%-37.76%-8.34%
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Sical Logistics Promoter to Sell 0.15% Stake to Meet Public Shareholding Norms

1 min read     Updated on 22 Sept 2025, 06:18 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Pristine Malwa Logistics Park Private Limited, promoter of Sical Logistics Limited (SLL), plans to sell 1,00,000 equity shares (0.15% stake) in the open market from September 24 to September 30, 2025. This sale aims to meet the 25% minimum public shareholding requirement following Pristine Malwa's acquisition of 95% of SLL in February 2023. The promoter has committed not to purchase shares during the sale period, adhering to SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Sical Logistics Limited (SLL) has announced that its promoter, Pristine Malwa Logistics Park Private Limited, intends to sell a portion of its stake in the company to comply with minimum public shareholding requirements. This move comes as part of the company's efforts to adhere to regulatory norms following its acquisition earlier this year.

Stake Sale Details

Pristine Malwa Logistics Park Private Limited plans to sell 1,00,000 equity shares, representing 0.15% of Sical Logistics' total paid-up equity share capital. The sale is scheduled to take place in the open market from September 24 to September 30, 2025. This divestment aims to help the company meet the mandatory minimum public shareholding requirement of 25% as stipulated by Indian securities regulations.

Background and Regulatory Compliance

The stake sale is a consequence of Pristine Malwa's acquisition of a significant portion of Sical Logistics. On February 26, 2023, following the approval of its resolution plan by the National Company Law Tribunal on December 8, 2022, Pristine Malwa acquired 95% of Sical Logistics' total paid-up equity share capital.

Since the acquisition, Sical Logistics has been maintaining a minimum public shareholding of 10% during the prescribed period post-implementation of the approved resolution plan. This is in compliance with the proviso to Rule 19A(5) of the Securities Contracts (Regulations) Rules, 1957.

Promoter's Undertaking

In line with regulatory requirements, Pristine Malwa Logistics Park Private Limited has provided an undertaking to Sical Logistics. The promoter has committed not to purchase any shares in the open market during the sale period from September 24 to September 30, 2025. This undertaking, dated September 22, 2025, aligns with the Securities and Exchange Board of India (SEBI) master circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Regulatory Compliance Assurance

Sical Logistics has assured that it will ensure compliance with all applicable legal provisions, including:

  • Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015
  • Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

The company has stated that these regulations will be adhered to while undertaking the aforementioned transaction.

This strategic move by Sical Logistics and its promoter demonstrates their commitment to regulatory compliance and transparency in the Indian securities market.

Historical Stock Returns for Sical Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
+2.18%-3.26%-0.45%-14.03%-37.76%-8.34%
Sical Logistics
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