VRL Logistics Ashok Shettar resigns
VRL Logistics (VRLLOG) said Ashok Shettar has resigned. The company is valued at about ₹4,970 crore.
What happened
In a filing with the NSE on 8 October 2026 at 05:13 PM, VRL Logistics (VRLLOG) said that Ashok Shettar has resigned.
From the filing: "VRL Logistics Limited has informed the Exchange regarding Resignation of Mr."
Company snapshot
VRL Logistics is a small-cap company, with a market value of about ₹4,970 crore.
The stock last traded at ₹284.1, against a 52-week range of ₹225–₹310.2 (8.4% below the high).
Before this filing the shares had moved −2.6% over the month and +24.0% over three months. Average daily turnover over the last 20 sessions was about ₹3.3 crore.
Promoters held 60.24% at the end of Q1 FY27. Foreign institutions owned 2.68% and domestic institutions 24.92%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 744 | 50 | 5.72 |
| Q2 FY26 | 797 | 49.9 | 2.85 |
| Q3 FY26 | 827 | 64.8 | 3.7 |
| Q4 FY26 | 853 | 72.1 | 4.12 |
| Q1 FY27 | 879 | 80.5 | 4.6 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Market-wide, 3,896 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- VRL Logistics (BSE:539118) Stock Forecast & Analyst Predictions
- VRL Logistics shareholders approve ₹280 crore share buyback
- VRL Logistics: షేర్ హోల్డర్ల గ్రీన్ సిగ్నల్.. రూ. 280 కోట్ల బైబ్యాక్కు లైన్ క్లియర్!
- VRL Logistics VRLLOG Buyback Approved by Shareholders
- VRL Logistics VRLLOG Trading Window Closed Oct 2026
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.