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
  Board of VRL Logistics approves sale business unit
 ( Corporate News - 20-May-23   15:01 )
  VRL Logistics to table results
 ( Corporate News - 25-Jan-24   17:14 )
  VRL Logistics standalone net profit declines 18.66% in the December 2022 quarter
 ( Results - Announcements 31-Jan-23   07:36 )
  VRL Logistics standalone net profit rises 243.80% in the March 2023 quarter
 ( Results - Announcements 20-May-23   14:28 )
  Board of VRL Logistics to consider buyback of shares
 ( Corporate News - 27-Jan-21   21:15 )
  VRL Logistics to declare Quarterly Result
 ( Corporate News - 28-Jan-21   10:49 )
  VRL Logistics to convene AGM
 ( Corporate News - 13-Jul-21   12:02 )
  Board of VRL Logistics approves buyback of shares up to Rs 61.25 cr
 ( Corporate News - 30-Jan-23   17:09 )
  VRL Logistics standalone net profit rises 130.60% in the March 2015 quarter
 ( Results - Announcements 25-May-15   17:02 )
  VRL Logistics spurts after board OKs share buyback; Q3 PAT rises 54% YoY
 ( Hot Pursuit - 08-Feb-21   09:34 )
  VRL Logistics standalone net profit declines 29.76% in the March 2017 quarter
 ( Results - Announcements 19-May-17   17:44 )
Other Stories
  Golkonda Aluminium Extrusions AGM scheduled
  27-Jul-24   19:53
  Kaynes Tech. India to conduct AGM
  27-Jul-24   19:30
  Bandhan Bank to conduct AGM
  27-Jul-24   19:30
  S H Kelkar & Company to conduct AGM
  27-Jul-24   19:30
  Zim Laboratories to conduct board meeting
  27-Jul-24   17:08
  Vikas Ecotech to convene board meeting
  27-Jul-24   17:08
  Virtual Global Education to conduct board meeting
  27-Jul-24   17:08
  Sundaram Brake Linings to conduct board meeting
  27-Jul-24   17:07
  Vijaya Diagnostic Centre to table results
  27-Jul-24   17:07
  Indian Toners & Developers to hold board meeting
  27-Jul-24   17:07
Back Top