Overview

• Mahindra Logistics’ board signed off on a rights issue of up to ₹750 crore, with final pricing, entitlement ratio and record date to be set by its Rights Issue Committee.
• The bulk of the funds will be devoted to repaying or prepaying existing borrowings of MLL and its subsidiaries.
• Remaining capital has been earmarked for general corporate purposes and planned network capacity expansions in FY 2025-26.
• MLL plans to strengthen its presence in tier-2 and tier-3 cities where e-commerce and infrastructure growth are driving logistics demand.
• The company leverages an asset-light, technology-driven model and a network of local partners across its 20.8 million sq ft warehousing footprint.