VRL Logistics Limited (NSEI:VRLLOG) announces a share repurchase program. Under the program, the company will repurchase 875,000 shares, representing 0.99% of its issued share capital, for INR 612.5 million. The shares will be repurchased at a price of INR 700 per share.

The company has fixed February 10, 2023, as the record date for the offer. The repurchase program will expire on March 27, 2023. As of December 31, 2022, the company had 88,343,495 shares issued and outstanding.