Mahindra Logistics board approves ₹749 crore rights issue at 33% discount to fund debt repayment, expansion, and operations growth.

• 2.70 crore shares offered at ₹277 each; 3 rights shares for every 8 held as of July 23.
• Rights issue opens July 31, closes August 14; equity base to expand from 7.21 crore to 9.91 crore shares.
• Funds will support debt reduction, warehousing expansion, tech upgrades, and overall corporate growth strategy.