Pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations, VRL Logistics has informed that the Board of Directors of the Company at their meeting held on Saturday, 23rd November, 2024 (04/2024-25), had approved the proposal for the purchase of the existing Transhipment Hub occupied by the Company on Lease basis at Bengaluru. The said premises comprises of Land bearing Property No:150300700300200518, Sy No. 97/1 and 100/1A1 measuring an aggregate area of 27.30 Acre situated at Billanakote Village, Kuluvanahalli Grampanchayat, Somapura Hobli, Nelamangala Taluk, Bengaluru Rural District, Bengaluru, Karnataka (‘Property’). The constructed structures thereon comprise of a Godown measuring approximately 5 lakh sq.ft. as also other amenities such as Canteen Building, STP, Fuel Pump, Weigh Bridge, etc. apart from workshop and ample vehicle parking space. The Company has been in possession of the said premise on lease basis since over 10 years and has been using the said property for its transshipment operations at Bengaluru. The relevant details with respect to the above purchase as prescribed under the SEBI Listing Regulations read with SEBI circular SEBI/HO/CFD/CFD-PoD1/P/ CIR/ 2023/123 dated 13th July, 2023 are enclosed as Annexure A. This intimation shall also be considered as compliance with Para 5 of Part B of Schedule III of the SEBI Listing Regulations. The Absolute Sale Deed in respect of the said property was executed today at Bengaluru. This intimation is also available on the website of the Company at www.vrlgroup.in.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 51.13 |
| TVS Supply Chain Sol | 173.35 |
| Container Corp | 769.10 |
| Mahindra Logistics | 375.25 |
| Transport Corp. | 1087.55 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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