Announced Tue, 1 Sept, 2026 · 16:24 IST
VRL Logistics buyback postal ballot: Rs 320 per share, Rs 280 crore size
VRLLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹300.65
prior close
₹299.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.6-0.5-0.3-0.8-1.0-2.9-2.0-3.6-4.1-2.9-5.2——
Up moveDown movePending
AI summary
VRL Logistics is seeking shareholder approval via postal ballot to buy back up to 87.5 lakh equity shares at Rs 320 per share, totaling Rs 280 crore (5% of paid-up capital, 24.51% of capital and free reserves). Buyback premium is 32-33 percent over 3-month VWAP and 14-17 percent over closing price. Route is tender offer through stock exchanges. Promoters will not participate. Voting runs from Sep 4 to Oct 3, 2026.
Likely market impact
Positive for shareholders: 32-33 percent premium buyback rewards shareholders, signals confidence, and should improve EPS after completion.