High Court okays Sicagen demerger from Sical

Chennai, India, January 7, 2008:Sical Logistics Ltd, India's leading provider of integrated multi-modal logistics solutions for bulk and containerized cargo and offshore logistics, has received the order from the Hon'ble High Court of Madras, sanctioning the de-merger of its non logistics businesses into a wholly owned subsidiary, Sicagen India Limited, with effect from 1 October 2006.

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