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Sical Logistics Promoter to Divest Shares for Regulatory Compliance

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Sical Logistics Promoter to Divest Shares for Regulatory Compliance

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Sical Logistics Limited. ( (IN:SICALLOG) ) has provided an announcement.

Sical Logistics Limited has announced that its promoter, Pristine Malwa Logistics Park Private Limited, intends to sell 0.15% of the company’s total paid-up equity share capital in the open market. This move is to comply with the mandatory 25% minimum public shareholding requirement under the Securities Contracts (Regulations) Rules. The sale, scheduled between September 24 and September 30, 2025, is part of the company’s strategy to align with regulatory requirements, ensuring adherence to legal provisions and maintaining transparency in its operations.

More about Sical Logistics Limited.

Sical Logistics Limited is a company operating within the logistics industry, providing comprehensive logistics services. It is part of the Pristine Group and focuses on maintaining efficient logistics operations.

Average Trading Volume: 706

Technical Sentiment Signal: Strong Sell

Current Market Cap: 6.83B INR

See more data about SICALLOG stock on TipRanks’ Stock Analysis page.

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