VRL Logistics Limited has informed the Exchange that the Board of Directors at its meeting held on July 04, 2025, have considered and approved bonus at the ratio of 1 : 1, i.e 1 Equity Shares for every 1 Equity Shares held.
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VRL Logistics Limited's Board of Directors, at a meeting held on July 4, 2025, approved the issue of bonus shares in a 1:1 ratio, meaning 1 new equity share for every 1 existing share held. This will increase the total equity shares from 8.74 crore to 17.49 crore, effectively doubling the paid-up share capital from ₹8,746.85 lakhs to ₹17,493.70 lakhs. The bonus shares (face value ₹10 each) will be issued by capitalizing free reserves and accumulated surplus of approximately ₹99,708.71 lakhs as on March 31, 2025. The record date is to be announced separately, and the bonus shares are expected to be credited on or before September 2, 2025. The issue remains subject to shareholder approval.
Existing shareholders will receive one additional share for every share they hold, doubling their share count — though the stock price is expected to adjust downward proportionally to reflect the increased share base. The move signals strong reserves and management's confidence in the company's financial position, rewarding loyal shareholders.