Sical Logistics Limited – Rights Issue 2026
Sical Logistics Limited is a full-service logistics and supply chain management company offering freight transportation, warehousing, cargo handling and distribution solutions across domestic and international markets. The company focuses on improving logistics efficiency through customized strategies, advanced tracking technology and strong carrier networks. The upcoming Rights Issue aims to strengthen its financial position and support operational requirements amid evolving industry dynamics.
Current Market Price: Rs. 94.35
Rights Issue Offer Price: Rs. 64 per share
Last Updated: 14 February 2026, 6.00 AM
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Rights Issue Details
| Particulars | Details |
|---|---|
| Security Name | Sical Logistics Limited |
| Issue Open | 26-Feb-2026 |
| Issue Close | 10-Mar-2026 |
| Issue Size (Shares) | 1,44,99,796 |
| Issue Size (Amount) | Rs. 92.80 Crores |
| Issue Price | Rs. 64 per share |
| Face Value | Rs. 10 per share |
| Entitlement Ratio | 2 : 9 |
| Terms of Payment | Full amount payable on application |
| Listing At | BSE, NSE |
Rights Issue Timetable
| Event | Date |
|---|---|
| Last Date to Buy Shares | 17-Feb-2026 |
| Record Date | 18-Feb-2026 |
| Credit of Rights Entitlements | To be announced |
| Bid/Offer Opens On | 26-Feb-2026 |
| Renunciation of Rights Entitlements | To be announced |
| Bid/Offer Closes On | 10-Mar-2026 |
| Deemed Date of Allotment | To be announced |
| Credit Date | To be announced |
| Listing Date | To be announced |
Objects of the Rights Issue
The company plans to utilize the net proceeds towards strengthening its financial position, supporting working capital requirements and general corporate purposes aimed at improving operational efficiency.
Financial Snapshot
| Period Ended | 31-Mar-2025 | 31-Mar-2024 |
|---|---|---|
| Total Assets | 857.55 | 765.67 |
| Total Income | 240.92 | 238.60 |
| Profit After Tax | -25.83 | -28.29 |
| Amount in Rs. Crore |
Company Contact Information
Sical Logistics Limited
73, Armenian Street,
Chennai – 600001
Phone: +91 4466157071
Email: info@sical.in
Registrar to the Rights Issue
Lead Manager of the Rights Issue
Sical Logistics Limited – Rights Issue Review
(By Paresh Gordhandas, CA & Research Analyst)
Sical Logistics is raising Rs. 92.80 crore through a Rights Issue priced at Rs. 64 per share, which is at a notable discount to the current market price of Rs. 94.35. While the logistics sector continues to benefit from supply chain modernization and trade activity, the company’s financial performance reflects ongoing restructuring challenges with continued losses despite stable revenues.
The discounted pricing may encourage participation from existing shareholders; however, investors should evaluate turnaround visibility and operational improvements before committing fresh capital.
Chanakya View:
Suitable mainly for existing shareholders with high risk appetite and long-term turnaround expectations. Conservative investors may wait for sustained profitability before increasing exposure.
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