VRL Logistics to Launch 2.8 Billion Rupee Share Buyback on October 27

Key Facts

1VRL Logistics plans to buy back up to 8.75 million shares at a price of Rs 320 each.

2The total buyback value is Rs 2.8 billion, representing 5% of the company's paid-up equity capital.

3The buyback offer period opens on October 27 and closes on November 2, 2026.

VRL Logistics plans to buy back up to 8.75 million shares at a price of Rs 320 each. CNBC TV18 reported that the buyback offer period is scheduled to open on October 27 and close on November 2, 2026. The total value of the buyback is Rs 2.8 billion, which represents 5% of the company's paid-up equity capital.

The company aims to return surplus cash to its shareholders and improve overall financial returns through this corporate action. The buyback will be funded from free reserves or other permitted sources rather than borrowed funds, and the promoter group has decided not to participate in the offer.