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An update from Sical Logistics Limited. ( (IN:SICALLOG) ) is now available.
Sical Logistics Limited has announced the publication of statutory newspaper advertisements related to its rights issue of equity shares with a face value of Rs 10 each. The company has filed the letter of offer and disclosed key timelines, including the issue opening on February 26, 2026, last date for on-market renunciation on March 5, 2026, and issue closing on March 10, 2026.
The rights issue price has been set at 6.4 times the face value, with detailed procedures provided for applications through ASBA and for trading and renunciation of rights entitlements in dematerialised form. The company has also noted that rights entitlements and resultant equity shares will be listed on BSE and NSE, with temporary ISIN arrangements until final listing approvals are obtained, and has made the issue information available on its website for investors and public shareholders.
More about Sical Logistics Limited.
Sical Logistics Limited, part of the Pristine Group, operates in the logistics sector, offering cargo handling, transportation and related services. The company is listed on BSE and NSE and serves a broad Indian market from its registered office in Chennai, Tamil Nadu.
Average Trading Volume: 2,299
Technical Sentiment Signal: Strong Sell
Current Market Cap: 14.22B INR
Find detailed analytics on SICALLOG stock on TipRanks’ Stock Analysis page.