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VRL Logistics Ltd. Company History and Annual Growth Details

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

2016
-VRL Logistics Ltd has Purchase of buses for Capacity Addition

2018
-VRL Logistics Ltd has Purchase of Trucks for Capacity Addition

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