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Re:

Sical Logistics Wins ₹39.23-Crore SAIL Contract for Dalli Mine Work

Sical Logistics’ SAIL contract covers excavation and transport of iron ore, ICW and subgrade ore at Dalli Mechanised Mine, Phase 6, through November 18, 2028.
From TheFinanceBase Team1 min to read
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Sical Logistics Limited has received a ₹39,22,92,000 contract from Steel Authority of India Limited (SAIL) for excavation and transportation work at Dalli Mechanised Mine, Phase 6. The reported value is about ₹39.23 crore, excluding GST.

What work will Sical Logistics carry out?

The contract covers the excavation and transportation of iron ore, ICW and subgrade ore from Dalli Mechanised Mine, Phase 6. The report does not define “ICW,” so the abbreviation is retained as stated rather than expanded.

What are the contract value and term?

  • Value: ₹39,22,92,000 (about ₹39.23 crore), excluding GST, according to CNBC TV18’s report of Sical’s announcement.
  • Term: October 5, 2026, to November 18, 2028, according to the report.
  • Award letter: Dated October 3, 2026; Sical said it received the contract on October 4.

The disclosed amount is the contract value, not confirmation that Sical has already earned or recognized the full sum as revenue.

What did Sical disclose about its relationship with SAIL?

Sical said its promoters, promoter group and group companies had no interest in SAIL, and that the award is not a related-party transaction. These are company disclosures reported by CNBC TV18.

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What is known about the announcement?

The order-specific details are based on CNBC TV18’s October 2026 report of Sical’s announcement. Sical’s issuer website has an archive for stock-exchange intimations, but the specific October 2026 filing was not exposed on the archive page. The report identifies Sical as the recipient and SAIL as the awarding entity, described as a domestic entity for the disclosure. CNBC TV18 report | Sical stock-exchange intimations archive

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