The Tool Desk
Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Sical Logistics Limited has received a contract from Steel Authority of India Limited (SAIL) worth ₹39,22,92,000—about ₹39.23 crore, excluding GST—for excavation and transportation work at Dalli Mechanised Mine, Phase 6. The award letter is dated October 3, 2026, and Sical said it received the contract on October 4, according to CNBC TV18.
What work will Sical Logistics do for SAIL?
The contract covers 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 reported rather than expanded.
Contract value and execution period
- Reported value: ₹39,22,92,000, approximately ₹39.23 crore, excluding GST.
- Stated term: October 5, 2026, to November 18, 2028.
The amount is the reported contract value, not revenue already earned by Sical. The announcement does not establish how the value will be recognized over the term.
What Sical disclosed about the award
As reported by CNBC TV18, Sical said its promoters, promoter group and group companies had no interest in SAIL, and that the award is not a related-party transaction. The report describes SAIL as a domestic entity for the disclosure.
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Sical’s issuer website has an archive of stock-exchange intimations, but the specific October 2026 filing was not available in the archive page reviewed. The order-specific details here are therefore based on CNBC TV18’s report of the company announcement, rather than a directly inspected original filing. Sical’s FY2025–26 results identify the company as an integrated logistics-services business and its ticker as SICALLOG: Sical investor relations and FY2025–26 results.
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