Sical Logistics has secured a major contract worth ₹40.38 billion from South Eastern Coalfields Limited (SECL), marking a significant business development for the logistics company. This substantial contract award demonstrates the company's strong positioning in the coal transportation and logistics sector.

Contract Details

The contract details are summarized below:

Strategic Significance

This contract represents a major milestone for Sical Logistics, significantly expanding its business operations in the coal sector. South Eastern Coalfields Limited, being a prominent subsidiary of Coal India Limited, is one of the largest coal mining companies in India, making this partnership strategically important for the logistics provider.

The substantial value of ₹40.38 billion indicates the scale and duration of the logistics services to be provided, which is expected to contribute meaningfully to the company's revenue stream and operational capacity utilization.

Business Impact

The contract award is likely to strengthen Sical Logistics' market position in the coal transportation segment and enhance its credentials for securing similar large-scale contracts in the future. This development showcases the company's capability to handle major logistics operations for significant players in the coal industry.

The partnership with SECL aligns with Sical Logistics' focus on providing comprehensive logistics solutions to the mining and industrial sectors, further establishing its presence in this specialized market segment.

Sical Logistics Limited has announced the receipt of a major contract worth ₹4,038.18 crores from South Eastern Coalfields Limited for coal mining operations. The company received the Letter of Acceptance on January 12, 2026, marking a significant milestone in its business operations.

Contract Details and Scope

The awarded contract pertains to the Porda Chimtapani Open Cast Project located in Raigarh, Chhattisgarh. The comprehensive project details are outlined below:

Project Specifications

The contract involves execution of work as per the tender document specifications issued by South Eastern Coalfields Limited. This domestic contract represents one of the significant project wins for Sical Logistics in the coal mining sector. The project will be executed entirely within Indian territory, specifically at the Chhattisgarh location.

Corporate Governance and Compliance

Sical Logistics has confirmed that this contract maintains full compliance with corporate governance standards. Key compliance aspects include:

• No promoter, promoter group, or group company interests in the awarding entity
• The contract does not fall under related party transactions
• Full adherence to arm's length transaction principles
• Complete transparency in the bidding and award process

Regulatory Disclosure

The company has made this disclosure pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Vaishali Jain, Company Secretary and Compliance Officer, ensuring proper regulatory compliance and stakeholder communication.

This substantial contract award demonstrates Sical Logistics' capabilities in handling large-scale coal mining projects and strengthens its position in the domestic logistics and mining services sector.