ALPHA TRIBE

Mahindra Logistics LimitedUpdates, 11-07-2025: Press Release

11-07-2025 | 01:04 pm

Mahindra Logistics has announced a board meeting on which it approved raising up to Rs. 750 Cr via a rights issue to existing shareholders. The fundraise will primarily be used to repay or prepay certain borrowings and for general corporate purposes. The company is well-positioned to capitalize on rapid growth in Tier 2 and 3 city logistics, supported by a 20.8 million sq.ft warehousing network and a scalable, asset-right business model. Its strategy focuses on integrated solutions, technology-driven services, and operational excellence to meet evolving supply chain demands.

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