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Sical Logistics informs about delay in payment of interest

28 Dec 2020 Evaluate

Pursuant to Reg 51[1] of the SEBI [LODR] Regulations, 2015, Sical Logistics has informed the Exchange that the semi-annual interest of Rs 5.50 crore payable on the listed 11% Secured Redeemable Non-Convertible Debentures (NCD) issued on private placement basis to the sole debenture holder falling due on 28th December, 2020 will be delayed due to the prevailing COVID-19 pandemic impact and insufficient cashflows. The Company shall take all necessary steps to address the situation and correct the same in due course of time.

The above information is a part of company’s filings submitted to BSE.

Sical Logistics Share Price

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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