VRL Logistics Buyback FAQ's

VRL Logistics Buyback Detail
Offer Opens On Feb 17, 2021
Offer Closes On Aug 16, 2021
Issue Size (Amount) ₹60.00 Crores
Buyback Price ₹300 per Share
Listing At BSE, NSE

VRL Logistics Buyback Date & Price FAQs

  • What is VRL Logistics Buyback price?

    The VRL Logistics Buyback price is set at Rs 300 Per Share. The VRL Logistics Buyback opens on Feb 17, 2021 and closes on Aug 16, 2021.

  • How do I get the Tender Form for VRL Logistics Buyback?

    There is no concept of Tender form in case of an open market offer through the Stock exchange. Any equity shareholder holding the Equity shares of VRL Logistics Buyback can participate in the buyback offer through their stockbroker.

  • Where can I get the Public Announcement for VRL Logistics Buyback?

    The Public Announcement for VRL Logistics Buyback can be download here.

  • How to participate in for VRL Logistics Buyback?

    Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. The physical shareholder can participate only once the shares get converted into a Dematerialized form.

    The shareholder needs to inform their broker on the details of the Equity shares they wish to sell. The broker will place a sell order whenever the company places a buy order for the buyback. The trade would get executed at the offer price or lesser only when the price offered by the shareholder matches with the buy order placed by the company.

  • Why is VRL Logistics Buyback coming up with buyback?

    Necessity of the Issue:

    The Buyback will help the Company achieve the following objectives:
    i) Optimize returns to shareholders;
    ii) Enhance overall shareholders’ value; and
    iii) Improve return on equity by reduction in the equity base.

  • Is VRL Logistics Buyback good or bad?

    The VRL Logistics Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one’s need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


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