VRL Logistics Share Price in Focus: To Issue Bonus Shares Ahead of Record Date

VRL Logistics Ltd has announced a 1:1 bonus share issue, rewarding eligible shareholders as per the upcoming record date. The announcement has drawn investor attention, with the company’s share price recording a notable gain in morning trade.

Details of the Bonus Issue

The board of VRL Logistics has approved the issuance of bonus shares in the ratio of one equity share for every existing equity share held. Each share will carry a face value of ₹10. The record date to determine eligible shareholders has been fixed for August 14. Following the allotment, the bonus equity shares will be available for trading on August 19, which is the next working day after the T+2 settlement period.

Understanding the Record Date and Eligibility

The record date is the key date that decides which shareholders are entitled to receive the bonus shares. Only those whose holdings are reflected in their demat account on the record date will be eligible. Under India’s T+1 settlement cycle, investors must purchase the shares at least one trading day before the record date. Purchases made on the record date itself will not be considered for eligibility.

Source of Funds for the Bonus Shares

The bonus shares will be issued from the company’s reserves. As of March 31, 2025, these reserves include a securities premium of ₹3,694 lakh, a general reserve of ₹17,167.30 lakh, a capital redemption reserve of ₹377.50 lakh, and retained earnings of ₹78,469 lakh.

About VRL Logistics

VRL Logistics is an India-based transport and logistics company with a strong presence in parcel service operations. The company is known for its safe and reliable logistics network, offering last-mile delivery across urban and remote locations.

VRL Logistics Share Price Performance 

Following the announcement, VRL Logistics share price gained 2.54% as of 11:47 AM on August 11, 2025.

Read More: BEML Bags $1 Million Rail and Metro Contract in Malaysia; Share Price Surges Over 2%! 

Conclusion 

The bonus share announcement marks an important corporate event for VRL Logistics, with the record date set to determine eligible shareholders.

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