Board of Mahindra Logistics aprpoves fund raising upto Rs 250 cr via debt route

At meeting held on 02 May 2020

The Board of Mahindra Logistics at its meeting held on 02 May 2020 has approved borrowing of funds including by way of availing additional working capital facilities, credit facilities, term loans, issue of listed/unlisted Commercial Papers through private placement, issue of Non-Convertible Debentures through private placement up to an aggregate amount of Rs. 250 crore, in one or more tranches and subject to such regulatory approvals as may be required

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