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Chennai March 13 IDFC Private Equity Fund II intends to invest Rs 110 crore in Sical Logistics Ltd, a press release from Sical says. The investment will be made by subscription to a preferential offer of shares to the fund, the release says.

Alongside, Sical also proposes to become a pure-play logistics company by divesting all non-logistics business.

More Stories on : Preferential Allotments | Supply Chain Management

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