Sical Logistics Limited has announced the appointment of Mr. Sharad Kumar as an additional director under the category of non-executive independent director. The decision was approved by the board of directors via a circular resolution passed on January 14, 2026, at 05:54 p.m. Mr. Sharad Kumar's appointment is effective from January 14, 2026.

Mr. Sharad Kumar is a certified associate of the Indian Institute of Bankers and holds a master's degree in business administration. He brings over 30 years of extensive experience in the banking and financial services sector, having previously worked with prominent institutions such as ICICI Bank, HDFC Bank, and the Central Bank of India. He is not related to any existing directors of the company.

His appointment as an independent director is subject to approval by the shareholders for a term of three consecutive years. The company has confirmed that Mr. Sharad Kumar is not debarred from holding the office of director by any order from the Securities and Exchange Board of India or any other authority.