Sical Logistics Secures Massive ₹4,038-Crore Contract from South Eastern Coalfields

• Sical Logistics Ltd announced a ₹4,038 crore contract from South Eastern Coalfields Ltd (SECL).
• The project is for the Porda Chimtapani open cast project in Raigarh, Chhattisgarh.
• The contract has a duration of 4,214 days and is not a related party transaction.
• Sical Logistics, acquired by Pristine Malwa Logistics Park Pvt Ltd in 2023, is an integrated logistics provider.
• The company's shares closed up 0.94% on BSE following the announcement.

Why It Matters: Sical Logistics wins a significant ₹4,038 crore contract, boosting its presence in the logistics sector.