Sical Logistics - Promoter Pledges 14.92% Shares for Axis Bank Loan
SICALLOG · price
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Promoter Pristine Malwa Logistics Park has pledged 1,19,00,000 shares (14.92% of Sical Logistics) on 23.09.2026 to secure an 85 crore term loan availed by Sical Logistics from Axis Bank. Earlier no promoter shares were encumbered. Promoter holding stays at 73.5% with 14.92% now pledged.
Pledge of 14.92% shares secures 85 crore Axis Bank loan. Promoter at 73.5% with most unencumbered. Modest leverage added; limited price impact.