Sical Logistics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/01/2026 ,inter alia, to consider and approve a proposal for raising funds.
SICALLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sical Logistics has informed BSE that its Board of Directors will meet on January 23, 2026, to consider and evaluate a proposal for raising funds. The company has indicated that the fundraising could happen through a rights issue, preferential allotment, qualified institutional placement (QIP), or any other permissible mode. The instruments under consideration include equity shares, equity-linked securities, warrants, or any other eligible securities. The proposal is subject to necessary regulatory and statutory approvals under SEBI's ICDR Regulations 2018 and the Companies Act 2013. No specific details on the amount, pricing, or dilution have been disclosed at this stage.
This is only a preliminary notice and the actual size, mode, and pricing of the fundraise are yet to be decided. Shareholders should watch for the post-meeting outcome, as the chosen route (rights, preferential, or QIP) and any equity dilution could materially affect the stock price.