Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: VRL Logistics board to meet on July 4 to consider bonus share issue – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > Business > VRL Logistics board to meet on July 4 to consider bonus share issue – Delhi News Daily
Business

VRL Logistics board to meet on July 4 to consider bonus share issue – Delhi News Daily

delhinewsdaily
Last updated: June 28, 2025 2:22 pm
delhinewsdaily
Share
SHARE


Contents
Live EventsVRL Logistics share price history
The board of directors of VRL Logistics is set to meet on Friday, July 4, in order to consider the issue of bonus shares for its shareholders, who will be eligible as on the record date, which will be declared later.

“In accordance with the extant provisions of Regulations 29 of the SEBI (LODR) Regulations, 2015 referred above, we hereby inform that, a meeting of the Board of Directors of VRL Logistics Limited (the “Company”) will be held on Friday July 4, 2025, inter alia, to consider and recommend to the shareholders, for their approval, the capitalization of reserves & retained profits for issuance of Bonus shares,” said the company in a regulatory filing.

No other details have been yet disclosed by the company.

If approved, this will be the first-ever bonus issue in the history of VRL Logistics, according to the Trendlyne data.

A bonus share issue is when a company gives additional shares to its existing shareholders for free, in proportion to the number of shares they already hold. It is usually done to reward shareholders and is issued from the company’s accumulated reserves.

ET logo

Live Events


For example, in a 1:1 bonus issue, a shareholder receives one extra share for every one share held. While the number of shares increases, the overall value of the investment remains the same initially, as the share price adjusts accordingly.Bonus issues do not involve any cash outflow and are often seen as a sign of the company’s confidence in its future performance.Also read: Rs 1 lakh crore selloff tsunami threatens Nifty rally as promoters, strategic investors exit

VRL Logistics share price history

Over the past one year, the shares of VRL Logistics have gained 1.98%. On a year-to-date (YTD) basis, it is up 12.42%, while the six-month return stands at 11.57%. In the last three months, the stock has delivered a strong return of 21.09%. However, over the past one month, the gain has been marginal at just 0.10%.

On Friday, VRL Logistics shares closed flat at Rs 573.10 on the BSE.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Infinix Hot 60i Launched With MediaTek Helio G81 Ultimate SoC, 50-Megapixel Rear Camera Infinix Hot 60i Launched With MediaTek Helio G81 SoC, 5,160mAh Battery – Delhi News Daily
Next Article News18 ‘Delhi Tourism…’: Kunal Kamra Reacts After Rekha Gupta Warns Him Of Performing ‘At Own Risk’ – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • World’s first rare blood group found in Bangalore woman, marking a historic medical discovery | World News – Times of India – Delhi News Daily
  • At least seven killed in Guatemala funeral attack | World News – Times of India – Delhi News Daily
  • UAE Golden Visa for farmers? How two Thai women became the first receiepients for growing dates abroad | World News – Times of India – Delhi News Daily
  • Tsunami disrupts marine life: Hundreds of sea lions flee powerful waves after Russia earthquake – Watch – Times of India – Delhi News Daily
  • Thailand factory explosion: Deadly blast reduces building to rubble; 9 dead, 4 injured | World News – Times of India – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Business

Tata Elxsi Q1 Results: PAT plunges 22% YoY, revenue falls 3.7% on macroeconomic headwinds – Delhi News Daily

Tata Elxsi on Thursday reported a 22% decline in its Q1FY26 consolidated net profit at Rs 144 crore versus Rs…

3 Min Read
Business

Adani Group on track to complete $5 billion fundraising blitz in FY26 – Delhi News Daily

The Adani Group is storming back into global capital markets with unstoppable momentum, having already raised over $3.2 billion in…

3 Min Read
Business

From Losses to Leadership: Karan Taurani sees quick commerce turning a corner – Delhi News Daily

"Over the past 3–4 quarters, we saw increasing losses in quick commerce due to pricing wars, heightened competitive intensity, and…

9 Min Read
Business

Accumulate quality stocks in strong sectors despite market noise: Rajesh Palviya – Delhi News Daily

"Looking at the put-based concentration, Nifty is currently trading below the major put base at 25,300. On the call side…

7 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?