Sical Logistics Holds 71st AGM on Sep 30, 2026; Reports FY26 Growth
Sical Logistics held its 71st AGM on Sep 30, 2026. The company reported FY26 revenue of ₹385.7 crore, EBITDA of ₹78.3 crore, and profit of ₹49.2 crore. A ₹93 crore rights issue was successfully completed. The Chennai Multi-Modal Logistics Park commenced operations.
The AGM proceedings and financial performance are important for shareholders, indicating the company's direction and results. The successful rights issue and new park commencement are significant business developments.
The announcement highlights positive financial performance for FY26, successful capital raise, and commencement of a new logistics park, indicating growth and operational progress.
Sical Logistics Limited held its 71st Annual General Meeting (AGM) on September 30, 2026, at 01:30 P.M. IST via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting was attended by 61 members, along with directors, key managerial personnel, and representatives from statutory and secretarial auditors.
During the AGM, shareholders approved several key agenda items, including the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Other resolutions involved the appointment of a director in place of Mr. Sanjay Mawar, the appointment of M/s. CNGSN & Associates LLP as statutory auditors, and the approval of remuneration for Mr. Sharad Kumar, a non-executive and independent director.
The Chairman, Mr. Satishkumarreddy Mulamreddy, highlighted FY 2025-26 as a year of strong transformation and growth. The company reported a revenue of ₹3,857 million (₹385.7 crore), EBITDA of ₹783 million (₹78.3 crore), and a profit of ₹492 million (₹49.2 crore). Key milestones included a successful ₹930 million (₹93 crore) rights issue and the commencement of the Chennai Multi-Modal Logistics Park. The Chairman expressed confidence in Sical's future growth, focusing on sustainable growth, operational excellence, technology-led integration, strong governance, and creating long-term value for shareholders.
The AGM concluded at 01:45 P.M. IST. The voting results will be placed on the company's website and communicated to the stock exchanges within the prescribed timelines.
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Sical Logistics Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Sical Logistics Limited. Read the original for the full detail.