Sical Logistics secures ₹910 mn in facilities from Tata Capital

Sical Logistics Limited has executed agreements with Tata Capital Limited to avail facilities worth up to ₹910 million, comprising an ₹810 million lease facility and a ₹100 million working capital demand loan. The agreements were executed on October 27, 2026, following approval by the company's board of directors on the same day.

The company disclosed the development under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Lease facility to support equipment acquisition
Under the Master Lease Agreement, Sical Logistics will avail a lease facility of up to ₹810 million for a period of 60 months, or five years. The funds will be used to lease commercial equipment specified in the relevant purchase orders.

At the end of the lease term, the company will purchase the leased equipment from Tata Capital at its residual value, equivalent to 5% of the equipment's original cost, plus applicable taxes.

₹100 million loan for working capital
The company has also signed a Working Capital Demand Loan Agreement for up to ₹100 million, with a tenure of 12 months.

The loan will support Sical Logistics' working capital requirements. The agreement provides for a first pari passu charge through hypothecation over the company's current assets as security for the lender.

Sical Logistics stated that neither agreement constitutes a related-party transaction and that Tata Capital has no shareholding in the company.

The agreements provide Sical Logistics with financing for commercial equipment and working capital needs, supporting its operational requirements.