Mahindra Logistics Limited — QIP/Rights/Pref., 17-07-2025: Issue of Securities
17-07-2025 | 10:18 am
17-07-2025 | 10:18 am
Mahindra Logistics has announced a Rights Issue of 2.70 crore fully paid-up equity shares. The issue aims to raise up to Rs. 749.26 crore from existing shareholders. Each share is priced at Rs. 277, payable in full on application. The record date for eligible shareholders is July 23. The Rights Issue opens on July 31 and closes on August 14. This offers current investors an opportunity to increase their stake. The document does not specify the intended use of these proceeds.
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