Promoter group entity acquires 5,85,72,399 equity shares under sanctioned amalgamation scheme
The company has received a Reg 7(2) disclosure from Pristine Logistics & Infraprojects Ltd, a promoter group entity, that it acquired 5,85,72,399 equity shares, taking its holding to 73.41%.
- Equity shares acquired
- 5,85,72,399
- Holding after acquisition
- 73.41%
- Holding before acquisition
- 0.00% (NIL)
What was disclosed
Sical Logistics Ltd has informed the exchanges that it received a disclosure under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 from Pristine Logistics & Infraprojects Limited, a person belonging to the promoter group. The disclosure relates to acquisition of shares of the Company on October 05, 2026 under a Scheme of Amalgamation approved by the Regional Director, Northern Region I, New Delhi Bench, involving Pristine Malwa Logistics Park Private Limited into Pristine Logistics & Infraprojects Limited.
Key figures in the disclosure
- Equity shares acquired by Pristine Logistics & Infraprojects Limited: 5,85,72,399
- Holding before the acquisition: 0.00% (NIL)
- Holding after the acquisition: 5,85,72,399 equity shares, being 73.41%
- Transaction type shown in the form: Acquisition of shares pursuant to a Scheme of Amalgamation sanctioned by the Regional Director
- Trading in derivatives on the securities of the company: shown as Not applicable
What a scheme of amalgamation means
In an amalgamation, one company merges into another. The shareholding that the merging company held passes to the company into which it merges. Here the form records the shares as acquired by Pristine Logistics & Infraprojects Limited, with its holding moving from 0.00% to 5,85,72,399 equity shares, or 73.41%, and the acquisition is shown as made pursuant to the scheme sanctioned by the Regional Director.
What is in the disclosure
- The acquiring entity is described as a promoter group entity of the company.
- The form carries the details of the change in holding along with the number of equity shares acquired and the percentage holding after the acquisition.
- The company has enclosed the disclosure received from Pristine Logistics & Infraprojects Limited and has sent the information to BSE Limited and National Stock Exchange of India Limited.
Also from Sical Logistics
Sical Logistics Ltd: promoter reports multiple share transactions
6 Oct 2026
Sical Logistics: 5,85,72,399 shares (73.41%) move from Pristine Malwa to Pristine Logistics under amalgamation
5 Oct 2026
Sical Logistics Ltd promoter buys 73.41% stake
5 Oct 2026
More numbers
- Equity shares acquired by Pristine Logistics & Infraprojects Limited5,85,72,399
- Equity shares held after the acquisition5,85,72,399
- Shareholding after the acquisition73.41%
- Shareholding before the acquisition0.00%
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