Announced Thu, 8 Oct, 2026 · 15:38 IST
VRL Logistics announces Rs 280 crore share buyback at Rs 320 per share
VRLLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
VRL Logistics to buy back up to 87.5 lakh equity shares (about 5% of paid-up capital) at Rs 320 per share, aggregating up to Rs 280 crores via the tender offer route. Record date is October 16, 2026. The buyback price carries a premium of around 34.8 percent over the volume weighted average market price and 14 to 17 percent over the August 14, 2026 closing price. Shareholders had already approved the buyback via postal ballot on October 6, 2026.
Likely market impact
Buyback at a meaningful premium could support the share price. Shareholders on record as of October 16, 2026 can tender shares.