MAHLOG · price
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Awaiting price reaction for this filing.
Mahindra Logistics filed a compliance certificate with BSE for the quarter ended 31 March 2025, as required under the SEBI Master Circular for Non-convertible Securities. The certificate confirms that proceeds from a Commercial Paper (ISIN: INE766P14027) totalling ₹85 crore (1,700 units), which matured on 11 March 2025, were used for the company's working capital needs as stated in the disclosure document. The company also confirmed adherence to other listing conditions under Chapter XVII of the SEBI Master Circular. The certificate was signed by CFO Saurabh Taneja on 8 April 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply certifies that funds raised via a short-term instrument were used as disclosed, and the Commercial Paper has already been fully redeemed.