Rights Issue23 Oct 2026, 02:56 pm
Mahindra Logistics: Rights Issue Fund Utilization Report Filed
AI Summary
Mahindra Logistics Ltd has filed the Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of funds raised through its Rights Issue. The report, issued by CARE Ratings Limited, confirms that the proceeds of ₹749.27 crore have been utilized appropriately for the objects stated in the offer document. There were no deviations from the stated objects. The company has also uploaded this intimation on its website.
Key Highlights
- Monitoring Agency Report for Q3 2026 filed.
- Rights Issue proceeds of ₹749.27 crore utilized as per plan.
- No deviation from stated objects of the Rights Issue.
- Report issued by CARE Ratings Limited.
- Intimation available on company website.
Price Impact
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