Consequent to the above allotment, the issued, subscribed and paid-up share capital of the Company has increased from Rs. 71,67,03,400/- (comprising of 7,16,70,340 equity shares of Rs. 10/- each fully paid-up) to Rs. 71,71,20,030/- (comprising of 7,17,12,003 equity shares of Rs. 10/- each fully paid-up).
The stocks has opened at Rs515.10 per piece on Sensex amid weak market cues.
The stock has touched an intraday high and low of Rs522 per piece and Rs506.95 per piece respectively in early trading hours.
At around 9:50 AM, Mahindra Logistics was trading at Rs517.75 per piece down by Rs2.55 or 0.49% on the BSE.
Previously, on the trading index it was closed at Rs520.30 per piece on Sensex.