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Mahindra Logistics board approves ₹750 crore rights issueMahindra Logistics has approved a rights issue of up to ₹750 crore to eligible shareholders. The fundraise will help repay debt and support expansion plans amid growing demand for integrated logistics.By Sheersh Kapoor   July 11, 2025, 2:25:02 PM IST (Published)1 Min ReadMahindra Logistics Ltd (MLL) on Friday said its board has approved raising up to ₹750 crore through a rights issue of fully paid-up equity shares. The issue will be offered to eligible shareholders as on a record date that will be announced later.

The company stated the funds will be used for repayment or prepayment of existing borrowings and general corporate purposes, supporting its ongoing growth strategy in India’s rapidly evolving logistics sector.

“The Indian logistics sector is growing rapidly, especially in Tier 2 and 3 cities, driven by infrastructure expansion, e-commerce growth and customer need for scalable, tech-driven solutions,” MLL said in a statement.

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Mahindra Logistics operates over 20.8 million sq. ft. of warehousing space, including 5 million sq. ft. in energy-efficient multi-client facilities, and plans to expand capacity in FY26. Its long-term strategy focuses on integrated solutions, digitisation, and operational excellence through an asset-light model, the company said.

At 2:02 pm on Friday, shares of Mahindra Logistics were trading 0.56% higher at ₹379.55 on the NSE following the announcement.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsfund raiseMahindra Logisticsshare market today