Sical Logistics Limited Repays ₹70 Crore of Term Loan

Sical Logistics Limited Repays ₹70 Crore of Term Loan​

Sical Logistics Limited announced a partial repayment of a rupee term loan facility totaling ₹170,00,00,000 (Indian rupees seventy crore only). The repayment was made against an existing facility from Aditya Birla Capital Limited and other lenders.

This prepayment is part of the company’s strategy to optimize its capital structure and reduce overall outstanding debt. The move is expected to lower finance costs and improve key leverage metrics. Sical Logistics Limited highlighted its commitment to strengthening its balance sheet and maintaining prudent financial management.

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