“We will inform you that in accordance with the existing provisions of Rule 29 of the SEBI (LODR) Rules of 2015 above, the meeting of the VRL Logistics Limited board of directors (the “Company”) will be held on Friday, July 4, 2025. Regulation submission.
Other details have not been revealed by the company yet.
According to Trendlyne’s data, if approved, this will be the first bonus issue in the history of VRL logistics.
The issue of bonus stocks is when additional shares are offered free of charge to existing shareholders, proportional to the number of shares already held by the company. It is usually done to reward shareholders and is issued from the company’s accumulated reserves.
For example, in the 1:1 bonus issue, shareholders receive one additional share for each share held. The number of shares increases, but the overall value of the investment will initially remain the same as the stock price will adjust accordingly. The Bonus issue does not include cash flow and is considered a sign of the company’s trust in future performance.Also Read: Rs 1 lakh crore selloff tsunami threatens keen gatherings as an outlet for promoters, strategic investors
VRL Logistics Stock Price History
Over the past year, VRL Logistics stocks have risen by 1.98%. On a YTD basis, it has increased by 12.42% with a six-month return of 11.57%. Over the past three months, the stock has produced strong profits of 21.09%. However, over the past month, profits have been only 0.10%.
On Friday, VRL Logistics shares were closed to the flat at Rs 573.10 on BSE.
(Disclaimer: The recommendations, suggestions, opinions and opinions given by experts are their own. (These do not represent views of the economic era)
