Mahindra Logistics Limited — Others, 22-07-2025: Copy of Newspaper Publication
22-07-2025 | 08:10 pm
22-07-2025 | 08:10 pm
Mahindra Logistics has issued an addendum to its Rights Issue Letter of Offer, aiming to raise up to ₹749.27 Crore. The company plans to issue 2.70 crore new equity shares at ₹277 each. Eligible shareholders can subscribe to 3 new shares for every 8 held, with the record date set for July 23. The issue opens on July 31 and closes on August 14. The company's board has approved the financial results for the quarter ended June 30, reporting total revenue from operations of ₹1,624.59 Crore and a net loss after tax of ₹9.44 Crore. These financial updates are key for investors evaluating the Rights Issue.
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