VRL Logistics Limited
Bandhan Mutual Fund increased its stake in VRL Logistics Limited from 3.05% to 3.94% by purchasing 15,43,884 shares.
A logistics solutions provider engaged primarily in domestic transportation of goods across India through an extensive network of branches and transshipment hubs. The company also operates bus services for passenger transport, manages wind mills for power generation and certified emission reduction units, and provides air transport services. Its diversified operations span multiple business verticals to serve transportation and energy needs nationwide.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.