Mahindra Logistics Limited — Others, 22-07-2025: Copy of Newspaper Publication
22-07-2025 | 08:02 pm
22-07-2025 | 08:02 pm
Mahindra Logistics published its consolidated financial results for the quarter ended 30 June 2025. Total income from operations rose to ₹1,624.59 Cr, while the net loss attributable to shareholders widened to ₹10.80 Cr. The company's UK subsidiary, MLL Global Logistics Limited, has been dissolved. Separately, the board has approved a rights issue to raise up to ₹749.27 Cr by offering 2.70 Cr equity shares at ₹277 per share. Eligible shareholders can subscribe for 3 new shares for every 8 held, with the issue opening on 31 July 2025 and closing on 14 August 2025. This move aims to bolster the company's capital.
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