Mahindra Logistics Limited — QIP/Rights/Pref., 17-07-2025: Rights Issue
17-07-2025 | 10:11 am
17-07-2025 | 10:11 am
Mahindra Logistics has approved a Rights Issue to raise up to Rs. 749.27 Cr by issuing 2.70 crore new shares. The issue price is Rs. 277 per share (face value Rs. 10).
Existing shareholders as of July 23, 2025, are eligible to subscribe, receiving 3 new shares for every 8 shares held. This provides an opportunity for investors to maintain their ownership percentage at a preferential price. Shareholders who do not subscribe or renounce their rights will face dilution of their existing stake. Post-issue, the total outstanding shares will increase to 9.92 crore.
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