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 set to finalise the terms of a proposed Rights Issue of equity shares of Rs. 10 face value, for an amount not exceeding Rs. 11,000 lakhs (around Rs. 110 crore). The delay is because BSE and NSE are still reviewing the company's Draft Letter of Offer submitted on January 27, 2026, and the in-principle approval is still pending. Once the exchanges clear it, the board will decide the issue price, entitlement ratio, record date and other details.
A short procedural delay in the Rights Issue process; nothing changes for shareholders immediately, but the timeline for knowing the issue price and record date has slipped by two days. The Rs. 110 crore fundraising plan itself remains intact pending regulatory clearance.