Stock Report

Sical Logistics Allots 1.45 Cr Rights Equity Shares



Posted On : 2026-03-12 22:53:03( TIMEZONE : IST )

Sical Logistics Allots 1.45 Cr Rights Equity Shares

Sical Logistics Limited approved allotment of 1,45,35,790 rights equity shares of Rs 10 face value each at Rs 64 per share (Rs 54 premium) to public shareholders and renouncees.

Rights Issue Completion

The allotment follows the Letter of Offer dated February 16, 2026, with basis finalized by Cameo Corporate Services Limited and approved by NSE as designated stock exchange. Board circular resolution passed March 12, 2026 at 5:30 PM.

Capital Expansion

Paid-up equity capital rises from 6,52,49,080 shares (Rs 65.25 crore) to 7,97,84,870 shares (Rs 79.78 crore). This concludes the rights issue initially approved January 23, 2026, with subsequent refinements February 12-13, 2026.

Source : Equity Bulls

Keywords

SicalLogistics FundRaising RightsIssue SharesAllotment