Mahindra 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.
Also Read: MSEI Exchange to raise ₹1,000 crore as part of revival plan, eyes broader market presenceMahindra 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.
“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.
Also Read: MSEI Exchange to raise ₹1,000 crore as part of revival plan, eyes broader market presenceMahindra 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.
