US EditionMahindra Logistics Ltd. to raise up to Rs. 750 Crore of equity through Rights Issue
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Mahindra Logistics Ltd. to raise up to Rs. 750 Crore of equity through Rights Issue
MUMBAI : Mahindra Logistics Ltd., one of India’s largest integrated logistics solutions providers, at its meeting held on Friday, have approved fund raise of up to Rs. 750 Crore through Rights Issue to the eligible equity shareholders of the Company. Highlights · The Indian logistics sector is growing rapidly, especially in Tier 2 and 3 cities, fueled by infrastructure growth, government initiatives and e-commerce expansion. Customers in…
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