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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.

Peers