Mahindra Logistics Launches ₹750 Cr Rights Issue at ₹277, Shares Worth ₹407

Mahindra Logistics Ltd Rights Issue The Board of Directors of Mahindra Logistics Limited approved a rights issue of ₹ 749.27 crore. The issue price has been fixed at ₹ 277 per share. This includes a premium of ₹ 267 per share. The record date for determining eligible shareholders is 23 July 2025.

Mahindra Logistics Ltd Rights Issue: Shares of Mahindra Logistics of Mahindra & Mahindra Group are seeing a stormy rise today. The reason behind this is the company's right issue plan. The decision of the rights issue has been approved in the board meeting held on 17 July. Through this, the company will issue equity shares worth Rs 750 crore. Investors are going to get bumper benefits from this. Because in the rights issue, investors get the company's shares at half the price. Today the board meeting of the company was held. In this, the record date of the rights issue was also fixed. Due to this move, its shares have gone up by more than 5 percent so far today. At the time of writing this news, it is trading at the level of Rs 407 (Mahindra Logistics Ltd share price).