Sical Logistics Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 14, 2010, inter alia, have approved the following proposals: 1. To increase the authorized equity share capital of the Company from the existing Rs. 50 crores to Rs. 60 acres and consequential amendment to the respective capital clauses in the Memorandum and Articles of Association of the Company. 2. To issue and allot 1,60,80,010 equity shares of Rs. 10 each to Tanglin Retail Reality Developments Private Limited on preferential basis at a price of Rs. 76/- each in accordance with Chapter VII of the SEBI [ICDR] Regulations, 2009. 3. To amend the Articles of Association of the Company in line with the Subscription cum Shareholder Agreement entered into between the Promoters, Company and the investor.