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BSE Code : 511333 | NSE Symbol : VLSFINANCE | ISIN : INE709A01018 | Industry : Finance & Investments |

Board Meeting

Announcement Date	Date Of Meeting	Purpose	Detail
16-May-2025	27-May-2025	Final Dividend	VLS Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2025 inter alia to consider and approve Audited Financial Results of the Company for the Financial Year ended 31st March 2025 and to recommend dividend if any for the Financial Year 2024-2025 subject to approval of members in the next Annual General Meeting of the Company. The Board of Directors have proposed final dividend of Rs 1.50 per equity share for the financial year ended 31-March 2025. The Dividend will be Rs 15% on face value of Rs.10/- per equity share, subject to approval by the members of the Company at the forthcoming Annual General Meeting. (As per BSE Announcement Dated on 27/05/2025)
20-Mar-2025	26-Mar-2025	Others	VLS Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/03/2025 inter alia to consider and approve inter-alia for discussion on business matters. Further a meeting of Independent Directors of the Company will also be held on the same date.
29-Jan-2025	05-Feb-2025	Quarterly Results	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2025 inter alia to consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended 31st December 2024. Unaudited Financial Results for the quarter ended 31st December, 2024. (As Per Bse Announcement Dated on 05.02.2025)
04-Nov-2024	13-Nov-2024	Quarterly Results	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2024 inter alia to consider and approve the Unaudited Financial Results (Standalone and consolidated) of the Company for the quarter and half year ended 30th September 2024. Unaudited financial results for the quarter and half year ended 30th September, 2024. (As per BSE Announcement Dated on 13/11/2024)
31-Jul-2024	09-Aug-2024	Quarterly Results	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/08/2024 inter alia to consider and approve the unaudited Financial Results (standalone and consolidated) of the Company for the quarter ended 30th June 2024. Board approved:- Buyback of fully paid up equity shares of Face Value of Rs 10/- (Rupees Ten only) each up to 33,00,000 (Thirty Three Lakhs) Equity Shares of the Company for an aggregate amount not exceeding Rs. 1,25,40,00,000/- (Rupees One Hundred Twenty Five Crores and Forty Lakhs only) (hereinafter referred to as the 'Buyback Size'), being 9.48% of the total paid-up equity share capital, at a price of Rs. 380/- (Rupees Three Hundred Eighty only) per Equity Share (hereinafter the 'Buyback Price' and such buyback, the 'Buyback'). The Buyback is proposed to be made from the existing shareholders of the Company as on the record date on a proportionate basis through the 'Tender Offer' route using mechanism for acquisition of shares through stock exchange as prescribed under Securities and Exchange Board of India (Buy Back of Securities) Regulations, 2018, as amended (the 'Buyback Regulations') and the Companies Act, 2013 and rules made thereunder (the 'Act'). The Buyback Size does not include transaction costs viz. brokerage, applicable taxes such as Buyback tax, securities transaction tax, GST, stamp duty, any expenses incurred or to be incurred for the Buyback like filing fees payable to the Securities and Exchange Board of India, advisors/legal fees, public announcement publication expenses, printing and dispatch expenses and other incidental and related expenses. Noted the intention of Members of the Promoter and Promoter Group of the Company for non-participation in the proposed Buyback. As the size of the proposed Buyback is less than 10% of the paid-up capital and free reserves of the Company hence members' approval is not required. Pursuant to Regulation 42 of the Listing Regulation and Regulation 9(i) of the Buyback Regulations, as amended, the Board has fixed Monday, 26' August, 2024 as the Record Date for the purpose of determining the entitlement and the names of the equity shareholders who shall be eligible to participate in the Buyback. Delegated to/ authorized the Buyback Committee of the Board to do all such acts, deeds, matters and things as it may at its absolute discretion, deem necessary, expedient, usual or proper in connection with the proposed Buyback. Interms of Regulation 5(via) of the Buyback Regulations, the Board/ Buyback Committee may, till 1 (one) working day prior to the record date, increase the Buyback price and decrease the number of Equity Shares proposed to be bought back, such that there is no change in the Buyback Size. * Appointed 'New Berry Capitals Private Limited' (CIN: U67190MH2007PTC174445 and SEBI Registration no. INM000012999) as 'Manager to the Buyback'. The public announcement setting out the process, timelines and other requisite details of the Buyback will be released in due course in accordance with the Buyback Regulations and the letter of offer to be issued and published in accordance with the Buyback Regulations. (As Per BSE Bulletin Dated on 09.08.2024)
09-May-2024	28-May-2024	Final Dividend	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2024 inter alia to consider and approve Audited Financial Results of the Company for the Financial Year ended 31st March 2024 and to recommend dividend if any for the Financial Year 2023-2024 subject to approval of members in the next Annual General Meeting of the Company. The Board of Directors have proposed final dividend of Rs. 1.50 per equity share plus special dividend of Rs. 1.00 per equity share for the financial year ended 31/03/2024. Accordingly total proposed dividend for the year ended 31/03/2024, will be aggregate of the final dividend and special dividend amounting to Rs. 2.50 equity share. Thus the total dividend will be 25% on face value of Rs. 10/- per equity share, subject to approval by the members of the Company at the forthcoming Annual General Meeting. (As per BSE Announcement Dated on 28/05/2024)
24-Apr-2024	30-Apr-2024	Others	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/04/2024 inter alia to consider and approve discussion on business matters.
22-Mar-2024	29-Mar-2024	Change in Directors	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/03/2024 inter alia to consider and approve Intimation of Board Meeting scheduled to be held on Friday 29th March 2024 inter-alia for discussion on business matters. Outcome of Board Meeting held on 29th March, 2024. (As per BSE Announcement Dated on 29/03/2024)
05-Feb-2024	13-Feb-2024	Quarterly Results	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2024 inter alia to consider and approve the unaudited financial results for the quarter and nine months ended 31st December 2023. Intimation of appointment of Shri Najeeb Hamid Jung (DIN: 02941412) as an additional director in the category of Independent Director. Intimation of appointment of Shri Shivesh Ram Mehrotra (DIN: 10259068) as an additional director in the category of Non Executive, Non-Independent Director. (As Per BSE Announcement dated on 13.02.2024)
16-Oct-2023	26-Oct-2023	Quarterly Results	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2023 inter alia to consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th September 2023. Financial results for the quarter and half year ended September, 2023. (As Per BSE Announcement dated on 26.10.2023)
22-Sep-2023	25-Sep-2023	Others	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/09/2023 inter alia to consider and approve Intimation for Board Meeting to be held on shorter notice on Monday 25th September 2023 inter-alia for discussion on business matters.
07-Sep-2023	20-Sep-2023	Others	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/09/2023 inter alia to consider and approve Intimation of Board Meeting scheduled to be held on 20/09/2023. The Board Meeting to be held on 20/09/2023 Stands Cancelled. (As per BSE Announcement Dated on 16/09/2023)
01-Aug-2023	10-Aug-2023	Quarterly Results	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2023 inter alia to consider and approve the Unaudited Financial Results (Standalone and consolidated) of the Company for the quarter ended 30th June 2023. Outcome of Board Meeting held on 10-08-2023. Financial results for the quarter ended 30 June 2023. Intimation of appointment of Shri Anoop Mishra as an Additional Director in the category of Independent Director. Appointment of Shri Adesh Kumar Jain as an Additional Director in the category of Independent Director. (As Per BSE Announcement dated on 10.08.2023) Imposition of fine as per SEBI Circular dated January 22, 2020. (As Per BSE Announcement Dated on 14.08.2023)
19-May-2023	27-May-2023	Accounts	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2023 inter alia to consider and approve the Audited Financial Results of the Company for the financial year ended 31st March 2023 and to recommend Dividend if any for the financial year 2022-2023 subject to approval of members in the next Annual General Meeting of the Company. We have to inform you that pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Board at its meeting held today i.e. 27th May, 2023 which commenced at 4:00 P.M. and concluded at 09:00 P.M., inter-alia considered and approved (Standalone and Consolidated) Financial Results for the financial year ended 31st March, 2023 along with Dividend and other matters. Pursuant to the applicable provisions of the listing regulations, we wish to inform you that the Board of Directors of the Company at its aforesaid meeting has recommended a dividend @15% i.e. INR 1.50/- per equity share on the face value of INR 10/- per share, for the financial year 2022-2023, subject to approval of members in the next Annual General Meeting. The dividend, if approved, will be paid on or before 29th October, 2023, to the members whose name stand in register of members on the date of closure of transfer books for this purpose. (As Per BSE Announcement Dated on 28.05.2023) The 36th Annual General Meeting ('AGM') will be convened on Friday, 29th September, 2023 at 3.00 p.m. through Video Conferencing ('VC') / Other Audio-Visual Modes ('OAVM') from registered office of the Company at Ground Floor, 90, Okhla Industrial Estate, Phase - III, New Delhi - 110 020 and Book Closure for purpose of AGM and Dividend, if declared will be from Saturday, 23/09/2023 to Friday 29/09/2023 (both days inclusive). Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in its meeting held on 27th May, 2023 concurring to the recommendation of Audit Committee, appointed M/s. A. Aggarwal and Associates - Company Secretaries (CoP: 7467) as Secretarial Auditor of the Company for the Financial Year 2023-24. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in its meeting held on 27th May, 2023 concurring to the recommendation of Audit Committee, M/s. ANSK & Associates, Chartered Accountants, (FRN: 026177N) as Internal Auditor of the Company for the Financial Year 2023-24. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in its meeting held on 27th May, 2023 concurring to the recommendation of Audit Committee, has appointed M/s. GSB & Associates - Chartered Accountants (FRN: 028932N), as Cyber Security Auditor of the Company for the Financial Year 2023-24. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in its meeting held on 27th May, 2023 concurring to the recommendation of Nomination and Remuneration Committee, has re-appointed Shri M. P. Mehrotra (DIN: 00016768) as whole time director designated as Executive Vice- Chairman for a period of three years from 01/08/2023 to 31/07/2026. The Board has approved the early closure of the Buyback of the equity shares of the Company through the Stock Exchange route from open market w.e.f. 29th May, 2023. The Buyback was approved by the Board in its meeting held on 5th January, 2023 and the Company has bought back 38,66,025 Equity Shares from 16th January, 2023 to till 25th May, 2023 (both inclusive) at average price of Rs 179.22 per equity share, for an amount aggregating Rs. 69,28,58,736.35 Crores (excluding Transaction Costs and brokerage) and the above-mentioned amount which is utilized in the Buyback is 98.98% of Rs.70 Crores (i.e. the maximum outlay for the Buyback). Other details are being informed separately. (As Per BSE Announcement Dated on 28.05.2023) Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in its meeting held on 27th May, 2023 concurring to the recommendation of Audit Committee, has appointed M/s. GSB & Associates - Chartered Accountants (FRN: 028932N), as Cyber Security Auditor of the Company for the Financial Year 2023-24. (As Per BSE Announcement Dated on 29/05/2023)
23-Feb-2023	01-Mar-2023	Others	VLS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/03/2023 inter alia to consider and approve Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that a meeting of the Board of Directors of the Company will be held on Wednesday 1st March 2023 inter-alia for discussion on business matters.

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VLS Finance Ltd

Board Meeting