K. Rajavel Resigns from Sical Logistics Ltd CFO Role to focus on Subsidiary Company
Sical Logistics Ltd has confirmed the resignation of Mr. K. Rajavel from his position as Chief Financial Officer (CFO) and Key Managerial Personnel. The transition was effective from the close of business hours on July 09, 2026.Mr. Rajavel tendered his resignation to dedicate his full attention to the role of Chief Financial Officer at Sical Multimodal and Rail Transport Limited, a material subsidiary of Sical Logistics Ltd.
The details regarding this organizational change are as follows:
| Area | Details |
|---|---|
| Individual | Mr. K. Rajavel |
| Company | Sical Logistics Ltd |
| Role Resigned From | Chief Financial Officer and Key Managerial Personnel |
| Effective Date of Cessation | Close of business hours on July 09, 2026 |
| Reason for Change | To devote full time as CFO of Sical Multimodal and Rail Transport Limited, the material subsidiary company. |
SICALLOG Stock Price Movement
Today, shares of Sical Logistics Limited edged higher to close at ₹89.84 after the market concluded, posting a gain of 0.80%. The stock traded through an intraday range spanning from a low of ₹86.50 to a high of ₹92.99, with a volume of 11,334 shares registered during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.