SLSical Logistics520086Board decision

Board approves availing of Lease facility up to Rs.81 crore and Working Capital Demand Loan up to Rs.10 crore from Tata Capital

Sical Logistics' board has approved availing of two credit facilities from Tata Capital Limited.

By ScoutQuest · Tue 27 Oct 2026, 5:17 PM IST · 1 min read

Lease Facility Limit

up to Rs.81,00,00,000.00 (Rupees Eighty-One Crore Only)

Working Capital Demand Loan Limit

up to Rs.10,00,00,000.00 (Rupees Ten Crore Only)

Lender

Tata Capital Limited (board meeting held on October 27, 2026)

What the board approved

• The Board of Directors of Sical Logistics Limited, at its meeting held on October 27, 2026, considered and approved the availing of a Lease facility of up to Rs.81,00,00,000.00 (Rupees Eighty-One Crore Only) from Tata Capital Limited.
• The Board also considered and approved the availing of a Working Capital Demand Loan facility of up to Rs.10,00,00,000.00 (Rupees Ten Crore Only) from Tata Capital Limited.
• The meeting commenced at 03:30 p.m. and concluded at 04:00 p.m. the same day.

What the two facilities are called in the update

• One is described as a Lease facility, the other as a Working Capital Demand Loan facility. Both are to be availed from Tata Capital Limited.
• Each has a stated ceiling: the Lease facility up to Rs.81,00,00,000.00 and the Working Capital Demand Loan facility up to Rs.10,00,00,000.00. The update uses the words "up to", so these are the maximum limits approved.

What happens next

• The update states that the requisite details of the facilities agreement will be disclosed in due course upon execution of the agreement.
• So the approval has been recorded, and the agreement itself is yet to be executed as per the update.
• The information will also be hosted on the company's website at https://sical.in/.

How to read this

• This is an outcome-of-board-meeting announcement telling the exchanges that the board has approved availing these two credit facilities from Tata Capital Limited.
• The announcement gives the name of the lender, the type of each facility and its ceiling amount, and indicates that the detailed terms will follow once the agreement is executed.
• For a reader tracking the company's borrowing arrangements, the numbers to note are the two approved limits: Rs.81,00,00,000.00 and Rs.10,00,00,000.00.

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