VRL Logistics approves 1:1 bonus issue; check record date

VRL Logistics approved its first-ever 1:1 bonus share issue; record date to be announced.

Bonus shares will be issued from reserves and credited by September 2, 2025.

Stock traded 1% higher at Rs 600.9; up 22% in 2025, but down 14.5% in two years.

Analysts maintain a 'Strong Buy' with a Rs 697 target, implying 16% upside.