VRL Logistics Limited has informed the Exchange that Record date for the purpose of Bonus is 14-Aug-2025.
VRLLOG · price
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VRL Logistics has fixed 14 August 2025 as the record date to identify shareholders eligible for its proposed bonus issue in a 1:1 ratio (one bonus share for every one share held). The bonus, subject to shareholder approval at the AGM on 6 August 2025 and in-principle approval from BSE/NSE, will involve allotment of 8.74 crore fully paid-up bonus shares of ₹10 each. The deemed date of allotment is 18 August 2025, and the bonus shares are expected to begin trading on 19 August 2025. The 1:1 ratio will double the total share count, effectively halving the per-share price on an ex-date basis while leaving the company's overall market value unchanged.
Shareholders who hold VRL Logistics shares as of the record date (14 August 2025) will receive one additional share for every share they own, at no extra cost. The share price is likely to adjust downward to reflect the higher share count after the ex-date. The bonus reflects management's confidence in growth prospects and signals that the company has sufficient reserves to reward shareholders without dilution in real value.