VRL Logistics Limited has informed the Exchange about Allotment of Bonus Equity shares
VRLLOG · price
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VRL Logistics Limited has allotted 8,74,68,495 bonus equity shares of ₹10 each in a 1:1 ratio, meaning one bonus share for every one existing share held. The record date for eligibility was August 14, 2025. As a result, the company's paid-up share capital has doubled from ₹87.47 crore (8.74 crore shares) to ₹174.94 crore (17.49 crore shares). The new shares will carry equal rights with existing shares.
Shareholders received one additional free share for every share they held, effectively doubling their share count. While the stock price typically adjusts downward on the ex-date to reflect the dilution, the total value of holdings should remain unchanged. This signals management's confidence and rewards long-term holders.