“In accordance with the extant provisions of Rules 29 of the SEBI (LODR) Rules, 2015 referred above, we hereby inform that, a gathering of the Board of Administrators of VRL Logistics Restricted (the “Firm”) can be held on Friday July 4, 2025, inter alia, to think about and advocate to the shareholders, for his or her approval, the capitalization of reserves & retained income for issuance of Bonus shares,” stated the corporate in a regulatory submitting.
No different particulars have been but disclosed by the corporate.
If accepted, this would be the first-ever bonus problem within the historical past of VRL Logistics, in line with the Trendlyne information.
A bonus share problem is when an organization offers further shares to its present shareholders at no cost, in proportion to the variety of shares they already maintain. It’s often carried out to reward shareholders and is issued from the corporate’s accrued reserves.
For instance, in a 1:1 bonus problem, a shareholder receives one further share for each one share held. Whereas the variety of shares will increase, the general worth of the funding stays the identical initially, because the share value adjusts accordingly.Bonus points don’t contain any money outflow and are sometimes seen as an indication of the corporate’s confidence in its future efficiency.Additionally learn: Rs 1 lakh crore selloff tsunami threatens Nifty rally as promoters, strategic buyers exit
VRL Logistics share value historical past
Over the previous one yr, the shares of VRL Logistics have gained 1.98%. On a year-to-date (YTD) foundation, it’s up 12.42%, whereas the six-month return stands at 11.57%. Within the final three months, the inventory has delivered a robust return of 21.09%. Nonetheless, over the previous one month, the acquire has been marginal at simply 0.10%.
On Friday, VRL Logistics shares closed flat at Rs 573.10 on the BSE.
(Disclaimer: Suggestions, solutions, views and opinions given by the consultants are their very own. These don’t symbolize the views of The Financial Instances)
“In accordance with the extant provisions of Rules 29 of the SEBI (LODR) Rules, 2015 referred above, we hereby inform that, a gathering of the Board of Administrators of VRL Logistics Restricted (the “Firm”) can be held on Friday July 4, 2025, inter alia, to think about and advocate to the shareholders, for his or her approval, the capitalization of reserves & retained income for issuance of Bonus shares,” stated the corporate in a regulatory submitting.
No different particulars have been but disclosed by the corporate.
If accepted, this would be the first-ever bonus problem within the historical past of VRL Logistics, in line with the Trendlyne information.
A bonus share problem is when an organization offers further shares to its present shareholders at no cost, in proportion to the variety of shares they already maintain. It’s often carried out to reward shareholders and is issued from the corporate’s accrued reserves.
For instance, in a 1:1 bonus problem, a shareholder receives one further share for each one share held. Whereas the variety of shares will increase, the general worth of the funding stays the identical initially, because the share value adjusts accordingly.Bonus points don’t contain any money outflow and are sometimes seen as an indication of the corporate’s confidence in its future efficiency.Additionally learn: Rs 1 lakh crore selloff tsunami threatens Nifty rally as promoters, strategic buyers exit
VRL Logistics share value historical past
Over the previous one yr, the shares of VRL Logistics have gained 1.98%. On a year-to-date (YTD) foundation, it’s up 12.42%, whereas the six-month return stands at 11.57%. Within the final three months, the inventory has delivered a robust return of 21.09%. Nonetheless, over the previous one month, the acquire has been marginal at simply 0.10%.
On Friday, VRL Logistics shares closed flat at Rs 573.10 on the BSE.
(Disclaimer: Suggestions, solutions, views and opinions given by the consultants are their very own. These don’t symbolize the views of The Financial Instances)