49-Year-Old Logistics Company Announces Record Date for 1:1 Bonus Share

VRL Logistics Limited has set Thursday, August 14, 2025, as the Record Date for determining shareholder entitlement to a 1:1 bonus issue of equity shares, pending approval at the Annual General Meeting on August 6, 2025, and in-principle approvals from BSE and NSE. Subject to these approvals, 8,74,68,495 fully paid-up Bonus Equity Shares of ₹10/- each are expected to be allotted on Monday, August 18, 2025, with trading commencing on Tuesday, August 19, 2025.

VRL Logistics Ltd. is a prominent logistics company primarily focused on domestic goods transportation across India. Beyond its core logistics services, the company diversifies its operations into bus services, air passenger transport, power generation, and the sale of certified emission reduction (CER) units from its wind power operations. With a wide network of branches and transhipment hubs throughout the country, VRL Logistics serves a vast client base of over 900,000 customers across various industrial sectors.

The company has a market cap of over Rs 5,000 crore and the stock is up by 42 per cent from its 52-week low of Rs 432.45 per share. The stock PE of the company is 30x whereas the industry PE is 20x with an ROE of 17 per cent and an ROCE of 15 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.