Mahindra Logistics Limited has informed the Exchange about extract of Newspaper Publication of advertisement regarding Rights issue of the Company
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Awaiting price reaction for this filing.
Mahindra Logistics has published a newspaper advertisement notifying eligible shareholders about its rights issue of up to Rs 749.27 crores. The company is offering up to 2,70,49,391 equity shares at Rs 277 per share (including a premium of Rs 267 over the face value of Rs 10) in the ratio of 3 rights shares for every 8 existing shares held. The record date was July 23, 2025, and rights entitlements have already been credited to shareholders' demat accounts on July 24, 2025. The issue opens on July 31, 2025 and closes on August 14, 2025, with the last date for on-market renunciation being August 11, 2025. The advertisements were published in Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi).
This is a regulatory procedural filing under SEBI ICDR regulations and does not change the rights issue terms already announced. Eligible shareholders must act by August 14, 2025 to subscribe to, renounce, or let lapse their rights entitlements, with non-action resulting in loss of value.