Buyback of up to 87.5 lakh shares at Rs 320 approved via postal ballot
VRLLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.0 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
VRL Logistics shareholders approved buyback of up to 87,50,000 equity shares at Rs 320 per share (face value Rs 10) through tender offer, with aggregate consideration not exceeding Rs 28,000 lakhs (about Rs 280 crore). Postal ballot closed on 3 October 2026 with 99.9988 percent votes in favor and 0.0012 percent against, declared as passed by the chairman.
Positive for shareholders. Buyback reduces outstanding share count and signals management confidence in valuation. Tendering eligible.