Sical Logistics Gets Board Nod to Get INR2.50 Billion Term Loan

MT Newswires Live

2025/04/25

Sical Logistics (NSE:SICALLOG, BOM:520086) has received board approval to secure a rupee term loan of up to 2.50 billion Indian rupees from Aditya Birla Capital and other lenders, according to a Friday filing to the Indian stock exchanges.

This loan will be used to refinance the existing loan obligations of the company and transaction-related expenses, as approved by the lenders.

The company's shares were down nearly 1% in recent trade.

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