Mahindra Logistics Ltd

Mahindra Logistics Ltd has issued a detailed communication to its shareholders regarding the withholding tax (TDS) on the final dividend recommended for FY 2025-26. The recommended dividend is ₹2.50 per equity share, subject to shareholder approval at the AGM on July 20, 2026. The record date for determining eligible shareholders is July 10, 2026. The company has outlined the TDS provisions for resident and non-resident shareholders, including applicable rates, required forms (like Form 121 and Form 41), and documentation for tax exemptions and DTAA benefits. Shareholders are urged to update their details and submit necessary documents by the record date to ensure seamless dividend payout and correct tax deduction.

Mahindra Logistics Ltd announces that Mr. Ankur Bansal, Head – Strategy & Transformation, will become the CEO of MLL Express Services Private Limited (MESPL), a wholly-owned subsidiary, effective June 1, 2026. Consequently, he will cease to be Head – Strategy & Transformation and SMP of Mahindra Logistics from May 31, 2026. This movement follows the resignation of Mr. Prasanna Pahade, the current CEO of MESPL, effective May 31, 2026, who will leave the group on July 24, 2026, to pursue other professional interests.

Mahindra Logistics Ltd has submitted the Monitoring Agency Report by CARE Ratings Limited for the quarter ended March 31, 2026. The report confirms that the proceeds from the \u20b9749.27 crore Rights Issue, which took place from July 31 to August 14, 2025, have been utilized appropriately for the objects mentioned in the offer document. CARE Ratings declared "Nil" deviation from the stated objects, affirming proper fund deployment as per SEBI regulations.

Mahindra Logistics Ltd. (MLL) announced its audited consolidated financial results for FY26, reporting a 15% year-on-year revenue increase to ₹6,999 crores. The company returned to profitability with a reported PAT of ₹2.3 crores for FY26, compared to a loss in the previous year. For Q4 FY26, consolidated revenue grew to ₹1,791 crores from ₹1,570 crores in Q4 FY25, and reported PAT was ₹20.2 crores, a significant improvement from a loss of ₹6.7 crores in the prior year. Key business segments like Express, Freight Forwarding, and Mobility demonstrated strong growth and improved profitability, with Express Business achieving a positive gross margin for FY26.

Mahindra Logistics Ltd's board approved the annual audited financial results for FY26 and recommended a final dividend of ₹2.50 per share. The 19th Annual General Meeting will be held on July 20, 2026, and the record date for the dividend is set for July 10, 2026. The board also approved the re-appointment of Mr. Ameet Hariani as an Independent Director for a second term and approved material related party transactions with Mahindra & Mahindra Limited, subject to shareholder approval.

Mahindra Logistics Limited's Board of Directors approved the Annual Audited Consolidated and Standalone Financial Results for the fourth quarter and financial year ended March 31, 2026. The Statutory Auditor, Deloitte Haskins & Sells LLP, issued an unmodified opinion on these results. The Board also recommended a final dividend of Rs. 2.50 per equity share (25%) for FY26, subject to shareholder approval at the upcoming 19th Annual General Meeting (AGM) scheduled for July 20, 2026. The record date for this dividend is July 10, 2026. Additionally, the re-appointment of Mr. Ameet Hariani as an Independent Director for a second term and approval of Material Related Party Transactions with Mahindra & Mahindra Limited were also approved, both subject to member approval.

Mahindra Logistics Limited's Board of Directors, at their meeting on April 23, 2026, approved the Annual Audited Consolidated and Standalone Financial Results for the fourth quarter and financial year ended March 31, 2026. The statutory auditor, Deloitte Haskins & Sells LLP, issued an unmodified opinion on these results. The Board also recommended a final dividend of ₹2.50 per equity share (25%) for FY26, subject to shareholder approval at the 19th Annual General Meeting scheduled for July 20, 2026. The record date for this dividend is July 10, 2026. Additionally, the re-appointment of Mr. Ameet Hariani as an Independent Director for a second term and the approval of material related party transactions with Mahindra & Mahindra Limited were also approved, pending member approval at the AGM.

Mahindra Logistics Ltd's Board of Directors has approved the re-appointment of Mr. Ameet Hariani (DIN: 00087866) as an Independent Director. This re-appointment, based on the Nomination and Remuneration Committee's recommendation, is for a second term of five consecutive years, commencing from May 1, 2027, to April 30, 2032. The decision is contingent upon the approval of the Company's members at the ensuing 19th Annual General Meeting. Mr. Hariani, a legal professional with over four decades of experience in corporate and commercial law, mergers & acquisitions, and real estate, is not related to any other director of the company and is not debarred from holding the office of director by any regulatory authority.

Mahindra Logistics Ltd's Board of Directors, at its meeting on April 23, 2026, approved the Annual Audited Consolidated and Standalone Financial Results for the fourth quarter and financial year ended March 31, 2026. The statutory auditor, Deloitte Haskins & Sells LLP, issued an unmodified opinion on these results. The Board also recommended a final dividend of ₹2.50 per equity share (25%) for FY26, subject to shareholder approval at the 19th Annual General Meeting scheduled for July 20, 2026. The record date for this dividend is set for July 10, 2026. Additionally, the Board approved the re-appointment of Mr. Ameet Hariani as an Independent Director for a second term and material related party transactions with Mahindra & Mahindra Limited, both contingent on AGM approval.

Mahindra Logistics Ltd's Board of Directors approved the Annual Audited Consolidated and Standalone Financial Results for the fourth quarter and financial year ended March 31, 2026, at their meeting held on April 23, 2026. The company confirmed that its Statutory Auditor, Deloitte Haskins & Sells LLP, issued an unmodified opinion on both the standalone and consolidated financial results for the financial year. The filing includes the detailed financial results, segment-wise report, statement of assets and liabilities, cash flow statement, and the unmodified audit report. The board meeting commenced at 2:00 p.m. and concluded at 4:20 p.m. IST.