Sical Logistics Limited (BSE:520086) is in exploratory talks with DP World PLC (DIFX:DPW) and some other strategic investors for the sale of assets including Sical Iron Ore Terminals. The talks are on for Sical's assets in Ennore's Kamarajar Port, including dedicated iron ore and coal terminals at the facility, valued at about INR 7 billion - INR 8 billion, multiple sources with knowledge of the matter told ET. The company is also said to be in talks with other strategic investors including Adani Group.

However, Adani denied any such talks. DP World declined to comment. Sical didn't respond to queries.

In an earlier regulatory filing, Sical had said it was looking to divest all strategic assets.