Sical Logistics Limited has informed the exchange regarding allotment of fully paid-up equity shares on rights basis.
SICALLOG · price
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Sical Logistics has allotted 1,45,35,790 fully paid-up equity shares of face value Rs. 10 each to existing public shareholders and renouncees under its rights issue at Rs. 64 per share (including a premium of Rs. 54). The rights issue was approved by the Board on January 23, 2026, with the letter of offer issued on February 16, 2026. As a result, the company's paid-up equity share capital has risen from Rs. 65.25 crore (6.52 crore shares) to Rs. 79.78 crore (7.98 crore shares). The total amount raised through this allotment is approximately Rs. 93.03 crore. Cameo Corporate Services acted as registrar to the issue, and NSE was the designated stock exchange.
Existing shareholders who did not subscribe or renounce their rights will see their stake diluted by roughly 18.2% (about 1.45 crore new shares issued against the existing 6.52 crore). The company has raised around Rs. 93 crore in fresh equity, strengthening its capital base, though the use of proceeds is not specified in this filing.