Sical Logistics Appoints V.T. Doraivel Krishnan as Chief Financial Officer

CHENNAI, India — Integrated logistics solutions provider Sical Logistics Limited (SICALLOG.NS) announced the appointment of V.T. Doraivel Krishnan as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) on Thursday, July 30, 2026.

The leadership transition comes as the company restructures its executive team following the resignation of former CFO K. Rajavel, who stepped down from the parent entity to focus on his full-time leadership role at Sical’s material subsidiary, Sical Multimodal and Rail Transport Limited.

Executive Transition and Regulatory Compliance

According to statutory disclosures filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the National Stock Exchange of India (NSE) and BSE Limited, the Board of Directors approved the appointment based on the recommendations of the Audit Committee and Nomination and Remuneration Committee.

The executive change aligns with Sical's broader corporate governance roadmap as it streamlines capital allocation, strengthens working capital efficiency, and expands its core integrated logistics and port handling operations across South India.

Strategic Focus and Operational Context

In his role as Chief Financial Officer, V.T. Doraivel Krishnan will oversee Sical Logistics' global financial operations, capital structure management, accounting functions, statutory compliance, and investor relations.

Headquartered in Chennai, Sical Logistics operates across port handling, container freight stations (CFS), bulk and containerized rail logistics, mining logistics, and supply chain management services. The appointment provides leadership continuity as the company scales its freight logistics infrastructure.

Practical Impact on Investors, Partners, and Operations

The CFO appointment carries key operational implications for capital markets and commercial stakeholders:

• For Equity and Debt Holders: Appointing an experienced finance head provides clarity regarding financial reporting and capital management strategies.

• For Commercial Partners and Clients: The leadership transition supports operational stability across long-term port handling, mining, and bulk cargo contracts.

• For Subsidiary Governance: Outgoing CFO K. Rajavel’s dedicated focus on Sical Multimodal and Rail Transport Limited strengthens leadership depth in the company's high-growth rail freight division.

Official Sources Section

According to official regulatory releases, corporate governance disclosures, and exchange notifications:

• Statutory compliance updates filed with the National Stock Exchange of India (NSE).

• Corporate governance disclosures submitted to BSE Limited.

• Executive announcements published by Sical Logistics Limited.

Quote Section

According to official regulatory submissions and corporate disclosures:

"According to officials, the Board of Directors approved the appointment of V.T. Doraivel Krishnan as Chief Financial Officer, bringing experienced financial leadership to guide the company's long-term capital strategy and operational execution across its integrated logistics divisions."

Why It Matters

Appointing a permanent CFO reinforces organizational stability for Sical Logistics following executive realignment across its finance desks. For shareholders, lenders, and commercial partners, the transition ensures management continuity as the logistics service provider navigates expanding national freight volumes and infrastructure utilization strategies.

Key Facts at a Glance

• New CFO: V.T. Doraivel Krishnan appointed as Chief Financial Officer and Key Managerial Personnel.

• Predecessor: K. Rajavel transitioned to lead finance at subsidiary Sical Multimodal and Rail Transport Limited.

• Regulatory Framework: Filed under SEBI (LODR) Regulations, 2015.

• Primary Tickers: SICALLOG (NSE) / 520086 (BSE).

Frequently Asked Questions (FAQ)

What role will V.T. Doraivel Krishnan hold at Sical Logistics?

V.T. Doraivel Krishnan serves as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) heading the financial operations of Sical Logistics Limited.

Why did the previous CFO step down?

Former CFO K. Rajavel resigned from his position at Sical Logistics to dedicate his full-time leadership to Sical Multimodal and Rail Transport Limited, a material subsidiary of the company.

Where can investors verify official executive filings for Sical Logistics?

Investors can access statutory disclosures on the corporate portals of BSE Limited, the National Stock Exchange of India, and Sical Logistics Investor Relations.

Source: Sical Logistics Limited, National Stock Exchange of India, BSE Limited