Sical Logistics Share Pledge
Sical Logistics Ltd's security trustee, CTL Trusteeship Ltd, disclosed the creation of a pledge on 11,900,000 equity shares of the company in favor of Axis Bank Ltd.
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Sical Logistics Ltd's security trustee, CTL Trusteeship Ltd, disclosed the creation of a pledge on 11,900,000 equity shares of the company in favor of Axis Bank Ltd.
Pristine Malwa Logistics Park Private Limited, a promoter of Sical Logistics, created a pledge on 11.9 million equity shares valued at ₹114.78 Crore.
Sical Logistics promoter, Pristine Malwa Logistics, pledged 1.19 crore shares to secure an Rs. 85 Crore loan from Axis Bank. The pledge creates a security interest.
Catalyst Trusteeship Limited has released the encumbrance on 3,28,43,780 equity shares of Sical Logistics Limited following loan repayment. This concludes the security trustee's pledge disclosure.
Promoter entity Pristine Malwa Logistics Park has pledged 3,28,43,780 equity shares of Sical Logistics with Catalyst Trusteeship Limited for a loan facility.