In February 2022, Rakesh Gangwal, co-founder of India’s largest carrier, announced his decision to gradually reduce stake in the company and stepped down from the company’s board. This decision followed a two-year-long bitter battle with co-promoter Rahul Bhatia.
VRL Logistics board to meet on July 4 to consider bonus share issue
VRL Logistics’ board will meet on July 4, 2025, to consider issuing bonus shares to eligible shareholders, with the record date to be announced later.