VRL Logistics Limited has announced a significant move to reward its shareholders with a bonus share issue. The company has set August 14, 2025, as the record date for determining shareholder eligibility for the bonus equity shares in a 1:1 ratio.

Bonus Share Details

• Ratio: Shareholders will receive one bonus equity share for every existing share held
• Face Value: Each bonus share will have a face value of ₹10.00
• Record Date: August 14, 2025
• Number of Bonus Shares: 8,74,68,495 fully paid-up bonus equity shares

Key Dates

• Annual General Meeting: August 6, 2025
• Deemed Date of Allotment: August 18, 2025
• Expected Trading Commencement: August 19, 2025

Approval Process

The bonus issue is subject to shareholder approval at the annual general meeting scheduled for August 6, 2025. Additionally, the company is awaiting regulatory approvals from the BSE Limited and the National Stock Exchange of India Limited (NSE).

Regulatory Compliance

VRL Logistics has made this announcement in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also adhered to SEBI Circular No. SEBI CIR/CFD/PoD/2024/122 dated September 16, 2024, regarding the deemed date of allotment for bonus shares.

Company Information

VRL Logistics Limited, with its Corporate Identification Number (CIN) L60210KA1983PLC005247, is headquartered in Hubballi, Karnataka.

This bonus issue represents a significant corporate action by VRL Logistics, potentially increasing the liquidity of the company's shares in the market while rewarding its existing shareholders. Investors are advised to take note of the important dates and the impact this may have on their shareholdings.

VRL Logistics Limited , a prominent player in the logistics sector, has made a significant announcement that is set to benefit its shareholders. The company's board has approved its first-ever bonus issue of shares in the ratio of 1:1, effectively doubling the number of shares held by each shareholder.

Bonus Issue Details

The bonus issue, approved by the board of VRL Logistics, will be implemented at a ratio of 1:1. This means that for every one share currently held by a shareholder, they will receive one additional share. This move is often seen as a way to reward shareholders and increase the liquidity of the stock in the market.

The company has stated that the bonus shares will be issued from eligible reserves by September 2, 2025. However, the record date for this corporate action is yet to be announced.

Impact on Shareholders

This corporate action has several implications for the company's shareholders:

• Increased Share Count: Shareholders will see the number of shares they own double without any additional cost.
• Unchanged Ownership Percentage: While the number of shares will increase, the overall ownership percentage of each shareholder in the company remains unchanged.
• Potential Market Liquidity: The increased number of shares in circulation may lead to improved liquidity in the stock market.

Company's Perspective

Bonus issues are typically seen as a positive signal from the company's management. It can indicate:

• Confidence in the company's future performance
• A strong financial position
• A commitment to creating value for shareholders

It's worth noting that this bonus issue follows a ₹61.00 crore share buyback that VRL Logistics conducted earlier in 2023, further demonstrating the company's focus on shareholder value.

Next Steps

Shareholders and potential investors should note that the company will announce further details regarding the record date and other procedural aspects of this bonus issue in due course. It's advisable to keep an eye on official communications from VRL Logistics for more information on the implementation of this bonus share issuance.

This development marks a significant event for VRL Logistics and its shareholders, potentially impacting the company's stock dynamics in the coming period.