Sical Logistics Board OKs Plan to Secure INR380 Million Loan Facility

MT Newswires Live

10/31

Sical Logistics (NSE:SICALLOG, BOM:520086) has received board approval to secure a term loan facility of up to 380 million Indian rupees from HDFC Bank (NSE:HDFCBANK, BOM:500180), according to a Friday filing to the Indian stock exchanges.

The company plans to use the loan to purchase commercial equipment from Pristine Malwa Logistics Park.

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