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Mahindra Group Backs Logistics Arm with ₹7.49 Billion Rights Issue at ₹277 per Share

Updated: July 17, 2025 18:52

Image Source : EquityBulls
Mahindra and Mahindra Ltd has approved participation in the rights issue of its subsidiary Mahindra Logistics Ltd, reinforcing its commitment to scaling logistics infrastructure and services.
 
Key Highlights:
  • The rights issue is priced at ₹277 per equity share, including a ₹267 premium over face value.
  • Mahindra Logistics will issue 27,049,301 fully paidup equity shares, aggregating to ₹7.49 billion.
  • Eligible shareholders will receive three rights shares for every eight held, with the record date set as July 23.
Strategic Intent:
  • The capital will be used to expand warehousing capacity, invest in EV fleets, and enhance tech platforms.
  • Mahindra and Mahindra’s investment signals longterm confidence in logistics as a growth vertical.
Market Reaction:
  • Mahindra Logistics shares rose over 3 percent postannouncement, reflecting investor optimism.
  • Analysts expect improved operating leverage and margin expansion in FY26.
Sources: Laohu8, Trendlyne, Economic Times, Mahindra Logistics Exchange Filings.

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