Sical Logistics Limited ("the Company") has informed the exchange that the board meeting of the Company to be held on February 10, 2026 has been postponed and rescheduled to February 12, 2026
SICALLOG · price
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Sical Logistics has postponed its board meeting from February 10, 2026 to February 12, 2026. The board was originally scheduled to finalise the terms of a proposed Rights Issue of up to Rs. 11,000 Lakhs, including the issue price, entitlement ratio, record date, and timing. The delay is because the stock exchanges (BSE and NSE) are still reviewing the company's Draft Letter of Offer for the Rights Issue and have not yet granted in-principle approval. The company had already approved the Rights Issue in a prior board meeting on January 23, 2026.
This is a minor procedural delay and not a negative event in itself. Shareholders should note that the Rights Issue terms will now be finalised on February 12, 2026, subject to exchange approval of the Draft Letter of Offer. A two-day postponement is unlikely to materially affect the stock price.