Corporate News     24-Jul-23
Board of VRL Logistics approves divestment of another non-core unit
At meeting held on 24 July 2023
The Board of VRL Logistics at its meeting held on 24 July 2023 has approved the transfer of its “Transport of Passengers by Air” Undertaking by way of slump sale on a going concern basis to Vijayanand Travels , an entity owned and controlled by the promoters of the Company.

The decision is in line with the company's objective to solely focus on goods transportation activity. Previously, the company also disposed of its other non-core businesses including wind power and bus operations.

Previous News
  VRL Logistics standalone net profit rises 1636.45% in the March 2021 quarter
 ( Results - Announcements 12-Jun-21   17:26 )
  VRL Logistics standalone net profit declines 2.93% in the December 2019 quarter
 ( Results - Announcements 08-Feb-20   17:55 )
  Volumes spurt at VRL Logistics Ltd counter
 ( Hot Pursuit - 02-Nov-21   11:00 )
  VRL Logistics to declare Quarterly Result
 ( Corporate News - 22-Oct-21   16:20 )
  Board of VRL Logistics recommends Final Dividend
 ( Corporate News - 12-Jun-21   17:36 )
  VRL Logistics gallops after Q2 PAT rises 60% YoY to Rs 49 cr
 ( Hot Pursuit - 02-Nov-21   10:23 )
  VRL Logistics to convene AGM
 ( Corporate News - 11-Jul-23   16:35 )
  P I Industries Ltd leads losers in 'A' group
 ( Hot Pursuit - 19-May-21   15:00 )
  VRL Logistics fixes record date for interim dividend
 ( Market Beat - Reports 10-Feb-20   10:00 )
  VRL Logistics standalone net profit declines 11.06% in the September 2020 quarter
 ( Results - Announcements 06-Nov-20   16:35 )
  VRL Logistics rises after Q4 PAT climbs 17% YoY to Rs 61 cr
 ( Hot Pursuit - 22-May-23   13:18 )
Other Stories
  Kesoram Industries announces demise of chairman
  17-May-24   16:09
  Kesoram Industries allots NCDs aggregating Rs 320 cr
  17-May-24   16:07
  Go Fashion (India) enters into franchise agreement with Apparel Group
  17-May-24   16:04
  Zydus Lifesciences appoints director
  17-May-24   15:47
  Blue Pearl Texspin AGM scheduled
  17-May-24   15:39
  Hybrid Financial Services to convene AGM
  17-May-24   15:39
  Brookfield India Real Estate Trust EGM scheduled
  17-May-24   15:39
  Eurotex Industries and Exports to conduct board meeting
  17-May-24   15:38
  Khaitan Chemicals & Fertilizers to convene board meeting
  17-May-24   15:38
  Fedders Electric & Engg. to conduct board meeting
  17-May-24   15:38
Back Top