Sical Logistics MD, chairman, board of directors and AGM
NSE: SICALLOGBSE: 520086Transport ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹80.00.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹617 Cr1,538th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Owners' profit not stated
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 May 2026
- 4.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Assets held for saleon the latest balance sheet
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- Assets held for saleon the latest balance sheet
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Assets held for saleon the latest balance sheet
- Volume, NSEVolume. Shares traded on the last trading day.
- 25,570
Sical Logistics board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonSatishkumarreddy Mulamreddy
7 directors3 independent1 executive3 non-executive
- Amit KumarNon-executive · joined Jan 2023 · 1 listed board · 4 committee seats, 1 as chair
- Rajnish KumarNon-executive · joined Jan 2023 · 1 listed board · 2 committee seats
- Sanjay MawarNon-executive · joined Feb 2024 · 1 listed board · 2 committee seats
- S. RajappanExecutive · joined Jan 2023 · reappointed Jan 2026 · 1 listed board
- Sharad KumarIndependent · joined Jan 2026 · reappointed Jan 2026 · 5 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Satishkumarreddy Mulamreddy · ChairpersonIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 1 listed board · 1 as independent · 5 committee seats, 1 as chair
- Neelaveni VIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Pabba Vinay Kumar, left 9 Jan 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 May 20266 of 7 present3 independent · 5 days in between
- 23 May 20267 of 7 present3 independent · 98 days in between
- 13 Feb 20266 of 7 present3 independent · no day in between
- 12 Feb 20267 of 7 present3 independent · 19 days in between
2 earlier meetings
- 23 Jan 20266 of 7 present3 independent · 15 days in between
- 7 Jan 20265 of 7 present3 independent
Audit Committee
Chair Satishkumarreddy Mulamreddy
Amit Kumar, Sharad Kumar
- 29 May 20262 of 3 present2 independent · 5 days in between
- 23 May 20263 of 3 present2 independent · 58 days in between
- 13 Feb 20262 of 3 present2 independent · 36 days in between
- 7 Jan 20262 of 3 present2 independent
Nomination and remuneration committee
Chair Sharad Kumar
Neelaveni V, Rajnish Kumar
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Amit Kumar
Rajnish Kumar, Sharad Kumar
- 25 Mar 20262 of 3 present0 independent · 39 days in between
Corporate Social Responsibility Committee
Chair Amit Kumar
Rajnish Kumar, Neelaveni V
No meeting listed in the filing.
Fund Raising Committee
Amit Kumar, Sanjay Mawar, Satishkumarreddy Mulamreddy
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- SRSV & AssociatesPeer-review certificate valid to Apr 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Sical Logistics AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Sical Logistics share news and announcements
Annual general meeting, 30 Sep 2026
40,882 shareholders on the register on 18 Sep 2026; present: 1 promoter and 60 others; votes counted by R. Kannan / KRA & ASSOCIATES.The company's voting result (opens in a new tab)
To consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026, together with the reports of the board of directors and statutory auditor thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.36% · promoters 100.00% · institutions 0.00% · other public 12.46%
- To appoint a director in place of Mr. Sanjay Mawar (DIN: 00303822), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.36% · promoters 100.00% · institutions 0.00% · other public 12.46%
- To appoint M/s. CNGSN & Associates LLP, Chartered Accountants as statutory auditor of the Company and fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.36% · promoters 100.00% · institutions 0.00% · other public 12.46%
To approve the remuneration payable to Mr. Sharad Kumar (DIN: 11286544), non-executive and independent director of the Company, exceeding fifty percent of the total annual remuneration payable to all non-executive directors of the Company for the financial year 2026-27MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.36% · promoters 100.00% · institutions 0.00% · other public 12.46%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 4 Sep 2026, 3 resolutions
40,727 shareholders on the register on 31 Jul 2026; votes counted by R. Kannan / KRA & ASSOCIATES.The company's voting result (opens in a new tab)
- To approve the material related party transactions between the Company and Sical Multimodal and Rail Transport Limited, being the step-down material subsidiary company of the Company.OrdinaryPromoters have an interest in it99.77% for0.23% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 7.49% · promoters 0.00% · institutions 77.87% · other public 20.95%
- To approve the creation of mortgage on the land and building of Sical Multimodal and Rail Transport Limited, being the step-down material subsidiary company of the Company.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 80.99% · promoters 100.00% · institutions 77.87% · other public 20.95%
- To approve the material related party transactions between the Company and Pristine Malwa Logistics Park Private Limited, being the immediate holding company of the Company.OrdinaryPromoters have an interest in it99.77% for0.23% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 7.49% · promoters 0.00% · institutions 77.87% · other public 20.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 10 Apr 2026, 4 resolutions
40,698 shareholders on the register on 6 Mar 2026; votes counted by R. Kannan / KRA & ASSOCIATES.The company's voting result (opens in a new tab)
- To approve the material related party transaction between the Company and Sical Multimodal and Rail Transport Limited, being the step-down material subsidiary of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 1.09% · promoters 0.00% · institutions 0.00% · other public 10.77%
- To approve the creation of mortgage on the land of Sical Multimodal and Rail Transport Limited, being the step-down material subsidiary of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 90.96% · promoters 100.00% · institutions 0.00% · other public 10.77%
- To approve the material related party transactions between the Company and Pristine Magadh Infrastructure Private Limited, being the fellow subsidiary company of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 1.09% · promoters 0.00% · institutions 0.00% · other public 10.77%
- To appoint Mr. Sharad Kumar (DIN:11286544) as an independent director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 90.96% · promoters 100.00% · institutions 0.00% · other public 10.77%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 9 Jan 2026, 2 resolutions
40,652 shareholders on the register on 5 Dec 2025; votes counted by Aishwarya / KRA & Associates.The company's voting result (opens in a new tab)
- To approve the re-appointment of Mr. Seshadri Rajappan (DIN: 00862481) as whole-time director of the CompanySpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.95%
Turnout: all 91.01% · promoters 100.00% · institutions 0.00% · other public 11.19%
To approve the subsequent material modification in the approved related party transaction entered between the Company and Pristine Malwa Logistics Park Private Limited, being the immediate holding company of the CompanyMoreLess
OrdinaryPromoters have an interest in it97.36% for2.64% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.64%
Turnout: all 1.13% · promoters 0.00% · institutions 0.00% · other public 11.19%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2025, 6 resolutions
40,888 shareholders on the register on 19 Sep 2025; present: 1 promoter and 107 others; votes counted by R. Kannan / KRA & ASSOCIATES.The company's voting result (opens in a new tab)
To consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2025, together with the reports of the board of directors and auditor thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 91.06% · promoters 100.00% · institutions 6.34% · other public 11.77%
- To appoint a director in place of Mr. Amit Kumar (DIN: 01928813), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 91.06% · promoters 100.00% · institutions 6.34% · other public 11.77%
To approve the remuneration payable to Mr. Vinay Kumar Pabba (DIN: 02711931), non-executive and independent director of the Company, exceeding fifty percent of the total annual remuneration payable to all non-executive directors of the Company for the financial year 2025-26MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 91.06% · promoters 100.00% · institutions 6.34% · other public 11.77%
- To appoint M/s. KRA & Associates, Practicing Company Secretaries as secretarial auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 91.06% · promoters 100.00% · institutions 6.34% · other public 11.77%
- To approve the material modification in the approved related party transaction between the Company and Pristine Mawla Logistics Park Private Limited, being the immediate holding company of the CompanyOrdinaryPromoters have an interest in it99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 1.19% · promoters 0.00% · institutions 6.34% · other public 11.77%
- To approve the material related party transaction between the Company and Pristine Mawla Logistics Park Private Limited, being the immediate holding company of the CompanyOrdinaryPromoters have an interest in it99.74% for0.26% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 1.19% · promoters 0.00% · institutions 6.34% · other public 11.77%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 7 Aug 2025, 3 resolutions
41,223 shareholders on the register on 4 Jul 2025; votes counted by R. Kannan / KRA & ASSOCIATES.The company's voting result (opens in a new tab)
- To approve the material related party transaction with Sical Multimodal and Rail Transport Limited, being the material step down subsidiary of the CompanyOrdinaryPromoters have an interest in it99.36% for0.64% against
Against: promoters 0.00% · institutions 0.00% · other public 0.64%
Turnout: all 1.16% · promoters 0.00% · institutions 0.00% · other public 11.51%
To approve the creation of mortgage on the land and building of Sical Multimodal and Rail Transport Limited, being the material step down subsidiary of the Company, to secure the facility availed by the CompanyMoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.62%
Turnout: all 91.04% · promoters 100.00% · institutions 0.00% · other public 11.51%
- To approve creation of pledge on the shares of Sical Infra Assets Limited, being the material subsidiary of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.62%
Turnout: all 91.04% · promoters 100.00% · institutions 0.00% · other public 11.51%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 14 Jun 2025, 6 resolutions
41,410 shareholders on the register on 9 May 2025; votes counted by R. Kannan / KRA & ASSOCIATES.The company's voting result (opens in a new tab)
- To approve the material related party transaction between the Company and Pristine Logistics & Infraprojects Limited, being the ultimate holding company of the CompanyOrdinaryPromoters have an interest in it51.07% for48.93% against
Against: promoters 0.00% · institutions 0.00% · other public 48.93%
Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.18%
- To approve the material related party transaction between the Company and Pristine Malwa Logistics Park Private Limited, being the immediate holding company of the CompanyOrdinaryPromoters have an interest in it51.18% for48.82% against
Against: promoters 0.00% · institutions 0.00% · other public 48.82%
Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.18%
- To approve the material related party transaction between the Company and Sical Bangalore Logistics Park Limited, being the step-down subsidiary of the CompanyOrdinary51.25% for48.75% against
Against: promoters 0.00% · institutions 0.00% · other public 48.75%
Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.18%
To approve the creation of mortgage on the assets of Sical Multimodal and Rail Transport Limited, being the material step down subsidiary of the Company and disposal of such material assets in the event of invocation or enforcement of mortgageMoreLess
SpecialNot passedRecorded as not passed although most votes were for it; no reason is given51.08% for48.92% againstAgainst: promoters 0.00% · institutions 0.00% · other public 48.92%
Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.18%
- To approve creation of pledge on the shares of Sical Infra Assets Limited, being the material subsidiary of the Company and disposal of such shares in the event of invocation or enforcement of pledgeSpecialNot passedRecorded as not passed although most votes were for it; no reason is given51.08% for48.92% against
Against: promoters 0.00% · institutions 0.00% · other public 48.92%
Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.18%
To approve raising a loan with an option to convert the same into fully paid equity shares or preference shares or optionally convertible debentures of the Company upon the occurrence of an event of default under Section 62(3) of the Companies Act, 2013MoreLess
SpecialNot passedRecorded as not passed although most votes were for it; no reason is given51.06% for48.94% againstAgainst: promoters 0.00% · institutions 0.00% · other public 48.94%
Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.18%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 6 May 2025, 1 resolution
41,557 shareholders on the register on 28 Mar 2025; votes counted by R. Kannan / KRA & ASSOCIATES.The company's voting result (opens in a new tab)
- To approve the material related party transaction(s) with Pristine Malwa Logistics Park Private LimitedOrdinaryPromoters have an interest in it99.63% for0.37% against
Against: promoters 0.00% · institutions 0.00% · other public 0.37%
Turnout: all 0.02% · promoters 0.00% · institutions 0.00% · other public 0.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBSE LimitedSince 8 Apr 2026
The BSE has imposed a fine of Rs. 82,600/-(inclusive of GST) for non-compliance with Regulation 38 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Non-compliance with Regulation 38 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 i.e., requirement to maintain minimum public shareholding of 25%.MoreLess
- Fine or penaltyBSE LimitedSince 18 May 2026
The BSE has imposed a fine of Rs. 5,900/-(inclusive of GST) for non-compliance with Regulation 38 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Non-compliance with Regulation 38 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 i.e., requirement to maintain minimum public shareholding of 25%.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Spent elsewhere, amount | Reason and comments |
|---|---|---|---|---|---|---|---|
| Rights IssuesMar 2026, checked by Brickwork Ratings India Private Limited | 93.03 | Repayment and/or prepayment, in full or part, of all or a portion of certain borrowings availed by our Company | 69.77 | 70.00 | Yes | 0.23 | The actual issue related expenses were lower than the amount originally allocated for such expenses under the letter of offer dated February 16, 2026. Consequently, the unutilized funds were deployed towards the general corporate purposes in excess of the amount originally allocated for such purpose.MoreLessAudit committee: The actual issue related expenses were lower than the amount originally allocated for such expenses under the letter of offer dated February 16, 2026. Consequently, the unutilized funds were deployed towards the general corporate purposes in excess of the amount originally allocated for such purpose.MoreLess |
| Rights IssuesMar 2026, checked by Brickwork Ratings India Private Limited | 93.03 | General corporate purposes | 18.61 | 19.17 | Yes | 0.56 | The actual issue related expenses were lower than the amount originally allocated for such expenses under the letter of offer dated February 16, 2026. Consequently, the unutilized funds were deployed towards the general corporate purposes in excess of the amount originally allocated for such purpose.MoreLessAudit committee: The actual issue related expenses were lower than the amount originally allocated for such expenses under the letter of offer dated February 16, 2026. Consequently, the unutilized funds were deployed towards the general corporate purposes in excess of the amount originally allocated for such purpose.MoreLess |