The Board of Directors of Mahindra Logistics Limited (“the Company”), at their Meeting held today viz. Saturday, 2 May 2020, have, 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 Crores, in one or more tranches and subject to such regulatory approvals as may be required.
Mahindra Logistics Ltd board approves borrowing Rs. 250 crore
