Sical Logistics Sells Non-Core Assets in Trichy for ₹24 Crore

Sical Logistics Limited has announced the sale of its non-core assets, comprising two land parcels measuring a total of 2.55 acres in Kottapattu village, Tiruchirappalli district, Tamil Nadu. The sale...

Sical Logistics Limited has announced the sale of its non-core assets, comprising two land parcels measuring a total of 2.55 acres in Kottapattu village, Tiruchirappalli district, Tamil Nadu. The sale is part of the resolution plan approved by the National Company Law Tribunal (NCLT), Chennai bench, in December 2022. The sale deeds for these assets were executed on December 15, 2025. The total consideration received from this sale is ₹24,00,00,000 (Rupees twenty-four crore only). The buyers are M/s. Trichy Metal and Alloys Private Limited and individuals Mr. K. Jeyakarna, Mr. S. Adithya Ram, and Mr. V. Badhri Narayanan. These buyers do not belong to the promoter, promoter group, or group companies of Sical Logistics. Due to unforeseen technical difficulties, the information regarding the sale was disseminated on December 17, 2025. The details of the transaction will also be available on the company's website at https://sical.in/.

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Why is Sical Logistics Limited in the news today?

Sical Logistics Limited (SICALLOG) is in the news due to the sale of non-core assets is a procedural step as part of an approved resolution plan and does not indicate a significant positive or negative shift in the company's core operations or financial health.

Other Corporate ActionsRestructuringGeneral Announcements
Sical Logistics LimitedSICALLOGhttps://prysm.fi/v2/analyze/SICALLOG

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Sical Logistics Sells Non-Core Assets in Trichy for ₹24 Crore

December 17, 2025, 01:30 PM

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Sical Logistics Limited has announced the sale of its non-core assets, comprising two land parcels measuring a total of 2.55 acres in Kottapattu village, Tiruchirappalli district, Tamil Nadu. The sale is part of the resolution plan approved by the National Company Law Tribunal (NCLT), Chennai bench, in December 2022.

The sale deeds for these assets were executed on December 15, 2025. The total consideration received from this sale is ₹24,00,00,000 (Rupees twenty-four crore only). The buyers are M/s. Trichy Metal and Alloys Private Limited and individuals Mr. K. Jeyakarna, Mr. S. Adithya Ram, and Mr. V. Badhri Narayanan. These buyers do not belong to the promoter, promoter group, or group companies of Sical Logistics.

Due to unforeseen technical difficulties, the information regarding the sale was disseminated on December 17, 2025. The details of the transaction will also be available on the company's website at https://sical.in/.

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