VLS Finance schedules AGM, proposes dividend and director reappointments

VLS Finance Limited will hold its 38th Annual General Meeting (AGM) on Saturday, September 27, 2025, at 3:30 p.m. via Video Conference (VC) / Other Audio Visual Means (OAVM). The agenda includes the adoption of financial statements for the year ended March 31, 2025, and the approval of a final dividend of INR 1.50 per equity share. The company reported a total income of INR 10,362.32 lakhs and a net profit after tax of INR 4,532.76 lakhs for the financial year 2024-25.

The AGM will also address the re-appointment of Suresh Kumar Agarwal as managing director for three years, effective August 21, 2025, and Kishan Kumar Soni as director-finance & CFO for three years, effective August 1, 2025. These re-appointments require special resolutions. Additionally, the company proposes to appoint M/s. A. Aggarwal and Associates as secretarial auditors for five consecutive financial years from 2025-26 to 2029-30, with a proposed fee of INR 40,000 plus applicable taxes for FY 2025-26.

Shareholders whose email IDs are not registered are encouraged to do so to receive electronic copies of the annual report and notice. The last date to update KYC details for dividend entitlement is September 19, 2025. VLS Finance also completed a buyback of 785,751 equity shares during 2024-25, utilizing INR 2,907.28 lakhs.