Mahindra Logistics Limited has informed the Exchange about Outcome of the Rights Issue Committee Meeting of the Board of Directors of Mahindra Logistics Limited ( the Company ) held on 18 August 2025
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On the reaction day the stock moved in line with Nifty Microcap 250 and 0.4 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mahindra Logistics has completed its Rights Issue, allotting 2,70,49,301 fully paid-up equity shares at Rs. 277 per share (including a Rs. 267 premium over the Rs. 10 face value), raising approximately Rs. 749.27 crores. The issue opened on July 31, 2025 and closed on August 14, 2025, with the Rights Issue Committee approving the allotment on August 18, 2025. Post-allotment, the company's paid-up equity share capital has risen from Rs. 72.13 crore (7.21 crore shares) to Rs. 99.18 crore (9.92 crore shares). Promoter and parent company Mahindra & Mahindra's stake has increased from 57.97% to 59.60%, reflecting strong subscription by the promoter group.
Subscribing shareholders now hold additional shares at Rs. 277 each, while the expanded share base and higher promoter holding may lead to slight dilution for non-subscribing retail shareholders. The increased promoter stake signals continued financial commitment from the parent company.