Sical Logistics Ltd disclosed receipt of an award letter from Steel Authority of India Limited (SAIL) for excavation and transportation work in a BSE filing dated October 4, 2026. The contract carries a total value of Rs 39,22,92,000 excluding GST, equivalent to approximately Rs 39.23 crore.

The award letter, dated October 3, 2026, covers excavation and transportation of iron ore, ICW and subgrade ore from Dalli Mech. Mine, phase #6. SAIL is the awarding entity identified in both the company's disclosure and its accompanying annexure.

The specified execution period runs from October 5, 2026, to November 18, 2028. These dates set out the contractual work window disclosed by Sical, while the award letter and exchange disclosure were dated October 3 and October 4, respectively.

Scope and financial terms

The assignment combines excavation with transportation at the mine phase named in the filing. The annexure describes the nature of the contract using the same scope as the main disclosure and classifies both the awarding entity and the contract as domestic.

  • Client: Steel Authority of India Limited.
  • Work location: Dalli Mech. Mine, phase #6.
  • Materials covered: Iron ore, ICW and subgrade ore.
  • Contract classification: Domestic excavation and transportation work.

The disclosed consideration is the total contract value for the stated execution period. GST is expressly excluded from the Rs 39,22,92,000 figure, so the reported amount represents the contract consideration before that tax.

Related-party and exchange disclosures

Sical said its promoter, promoter group and group companies have no interest in the entity awarding the contract. It also stated that the order does not fall within related-party transactions.

The company submitted the disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Its letter was addressed to BSE Limited and the National Stock Exchange of India Limited.

The filing identifies Sical Logistics by BSE scrip code 520086 and NSE symbol SICALLOG, with series BE. The company also said the information would be hosted on its website.