VRL Logistics Gets Board Nod for Bonus Issue of Shares

MT Newswires Live

2025/07/04

VRL Logistics (NSE:VRLLOG, BOM:539118) has received board approval for the issue of bonus shares in the ratio of 1:1, according to a Friday filing to the Indian stock exchanges.

The plans to issue one new fully paid-up equity share of 10 rupees each for each existing fully paid-up equity share of 10 rupees to the eligible equity shareholders of the company

The bonus shares will be issued out of eligible reserves, including securities premium account, general reserve, capital redemption reserve, and retained earnings, available as of March 31.

The company's shares were up over 1% in recent trade.

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