30-Jun-2026 17:26:07
SICAL LOGISTICS LIMITED : SALE OF NON-CORE ASSETS WORTH RS 18.00 CR
• The non-core assets comprise a parcel of land along with building thereon, admeasuring 1 acre and 82.8 cents (79,627.68 sq.ft.) situated at Madhavaram village, Chennai, Tamil Nadu. • The sale is in line with the resolution plan for the Company submitted by Pristine Malwa Logistics Park Private Limited and approved by the Hon'ble National Company Law Tribunal, Chennai bench. • The transaction is with Roshan Foundations Limited for Rs. 18,00,00,000/- (Rupees eighteen crore only). • The buyer does not belong to the promoter/promoter group/group companies. • Agreement for sale/sales deed entered into on June 30, 2026, with expected completion on June 30, 2026. • The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division or undertaking or subsidiary or associate company of the listed entity during the last financial year is Nil. Impact: Neutral (Sale of non-core assets as part of a resolution plan)
Sical Logistics Limited
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