Brief: Mahindra Logistics Agrees To Buy 43,972 Equity Shares Of ZipZap Logistics

Mahindra Logistics

28/02/2022 08:36

Feb 28 (Reuters) - Mahindra Logistics Ltd  MALO.NS :
    * MAHINDRA LOGISTICS - AGREED TO BUY 43,972 EQUITY SHARES OF
ZIPZAP LOGISTICS
    * MAHINDRA LOGISTICS - AGREED TO SUBSCRIBE UPTO 63,200
SERIES A
COMPULSORILY CONVERTIBLE CUMULATIVE PREFERENCE SHARES  OF ZIPZAP
LOGISTICS
    * MAHINDRA LOGISTICS LTD - DEAL FOR 717.3 MILLION RUPEES
    * MAHINDRA LOGISTICS - ACQUISITION WOULD RESULT IN CO
HOLDING UPTO
60% OF SHARE CAPITAL OF ZIPZAP LOGISTICS

Source text for Eikon:  ID:nBSE6dFl4W 
Further company coverage:  MALO.NS 

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