VRL LOGISTICS History

Dr. Vijay Sankeshwar, one of the Promoters, commenced the goods transportation business in the State of Karnataka through a proprietary firm in 1976. The assets and liabilities of the proprietary firm was subsequently acquired by a private limited company under the name ''Vijayanand Roadlines Private Limited'' and a certificate of incorporation dated March 31, 1983 was issued by the RoC. The Company became a deemed public limited company in 1994 and an endorsement to this effect was made by the RoC on July 1, 1994 on its certificate of incorporation. Pursuant to a special resolution passed by the shareholders in the Extraordinary General Meeting held on February 14, 1997, the status of the Company was changed from a deemed public limited company to a public limited company. The name of the Company was changed to ''VRL Logistics Limited'' to underscore the broad range of services the Company provides, and a fresh certificate of incorporation, consequent on change of name, was issued by the RoC on August 25, 2006.


Major Events:

1976 - The goods transportation business was commenced by Dr. Vijay Sankeshwar, the Promoter, through a proprietary concern.

1983 - The assets and liabilities of the proprietorship firm were purchased by a private limited company by the name of Vijayanand Roadlines Private Limited.

1992 - Commencement of the courier service business in the State of Karnataka.

1996 - Commencement of the passenger transportation service business.

2003 - Vijayanand Printers Limited became a wholly owned subsidiary of the Company.

2003 - The Company was listed in the Limca Book of Records as the ''Single largest fleet owner of commercial vehicles in the private sector in India''.

2004 - The Company acquired Vijayanand Travels, a proprietorship concern, to take over its passenger transportation business.

2004 - The Company commenced commercial operations out of owned infrastructure facilities at Varur, Hubballi

2005 - The Company was certified ISO 9001:2000 for its passengers travel service at Hubballi, Bangalore and Belgaum.

2006 - The Company was certified ISO 9001:2000 for providing logistics services for transportation of cargo, express cargo and courier services.

2006 - The equity and preference shareholding in Vijayanand Printers Limited was divested in full to Times Group.

2006 - The Company commenced its wind power business and installed 34 wind turbine generators with a capacity of 1.25 MW each.

2007 - The Company purchased a Premier 1A aircraft from Hawker Beechcraft Incorporation, USA to commence its air charter business.

2009 - The Company was awarded the ''Best Logistics Service Provider'' in the FMCG and retail sectors by Frost & Sullivan.

2010 - The wind power project was registered as Clean Development Mechanism (CDM) project with the United Nations Framework Convention on Climate Change (UNFCCC).

2011 - Foray into car carrying and liquid transportation

2012 - Investment in the Company by NSR by subscription to Preference Shares.

2012 - Turnover of the Company crosses Rs. 10,000 million

2013 - Purchase of second hand aircraft from M/s Force Motors Limited to add to the air charter fleet

2014 - Turnover of the Company crosses Rs. 15,000 million




CIN: U67190WB2003PTC096617. Trading in Commodities is done through our Group Company Dynamic Commodities Pvt. Ltd. The company is also engaged in Proprietory Trading apart from Client Business.

Disclaimer: There is no guarantee of profits or no exceptions from losses. The investment advice provided are solely the personal views of the research team. You are advised to rely on your own judgment while making investment / Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. You should read and understand the Risk Disclosure Documents before trading/Investing.

Disclosure: We, Dynamic Equities Private Limited are also engaged in Proprietory Trading apart from Client Business. In case of any complaints/grievances, clients may write to us at compliance@dynamiclevels.com

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