Sical Logistics Secures ₹534.73 Crore Contract from Central Coalfields
Sical Logistics Limited secured a contract worth ₹534.73 crore from Central Coalfields Limited. The five-year project involves hiring HEMM for OB removal and coal extraction at the SDOC Mine in Jharkhand. The contract value includes 18% GST.
The contract value of over ₹534 crore is substantial and is expected to have a significant impact on the company's revenue and business.
The company has received a significant new order, which is a positive development.
Sical Logistics Limited has received a Letter of Acceptance dated September 01, 2026, from M/s Central Coalfields Limited for a significant project. The contract involves the execution of work for "Hiring of HEMM for OB removal (201.355 L Cum Re-handling + 336.533 L CuM Hard OB) and extraction of 91.036 LTe Coal in the diverted 143 Ha patch of lower seams of SDOC Mine of Dhori Area".
This project is for a duration of five years and has a total contract value of ₹534,73,08,872.24 (Rupees Five Hundred Thirty-Four Crore Seventy-Three Lakh Eight Thousand Eight Hundred Seventy-Two and Twenty-Four Paise only), inclusive of GST @18%. The work will be carried out at Dhori Area, Bokaro District, Jharkhand, India.
The company is fulfilling its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further details pertaining to the SEBI Master Circular are provided in an annexure, and the information will also be hosted on the company's website.
A plain-language summary of a public exchange filing by Sical Logistics Limited. Read the original for the full detail.