Mahindra Logistics Limited — Others, 22-07-2025: Options to purchase securities

Mahindra Logistics' shareholders have approved the new Performance Stock Unit Plan 2025. This plan allows the company to grant up to 1.8 Cr Performance Stock Units (PSUs) to eligible employees and subsidiaries, representing 2.5% of its equity capital as of March 31, 2025. These PSUs will be issued at face value and will vest based on a combination of corporate performance metrics like revenue, profit, and cash flow, plus individual employee goals. This move aims to align employee incentives with company growth and enhance retention, leading to a potential minor dilution for existing shareholders upon exercise.