VLS Finance announces ₹99.99 crore share buyback offer
VLS Finance Ltd. has announced a buyback offer to acquire up to 2,631,578 fully paid-up equity shares at an offer price of ₹380 per share, totaling an aggregate maximum amount of ₹99,99,99,640. This represents 7.74% of the company's total paid-up equity share capital. The buyback will proceed via a tender offer route on a proportionate basis.
The buyback offer opens on Thursday, December 18, 2025, and closes on Wednesday, December 24, 2025. The record date for determining eligible shareholders is Friday, December 12, 2025. Payment to eligible shareholders who participate in the buyback is scheduled for Thursday, January 1, 2026.
The buyback price of ₹380 per share represents a premium of 72.61% and 72.41% over the volume-weighted average market price on NSE and BSE, respectively, for the three months preceding November 15, 2025. Small shareholders have a reserved category entitlement of 39 equity shares out of every 415 held on the record date, while other eligible shareholders have an entitlement of 151 shares out of every 762.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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