StockWatch
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Investment Company
Dividend26 May 2026, 08:21 pm

VLS Finance Approves Audited Results, Recommends 15% Dividend

AI Summary

VLS Finance Ltd's board approved audited standalone and consolidated financial results for the year ended March 31, 2026. The board recommended a dividend of 15% (₹1.50 per share) subject to shareholder approval at the AGM scheduled for September 29, 2026. The company will write off ₹9,68,880.75 due from VLS Asset Management Limited to facilitate its closure. Grant Thornton Bharat LLP has been appointed as the Internal Auditor for FY 2026-27.

Key Highlights

  • VLS Finance board approved audited financial results for FY26.
  • A 15% dividend (₹1.50/share) was recommended, pending shareholder approval.
  • AGM scheduled for September 29, 2026, via video conferencing.
  • ₹9,68,880.75 write-off approved for VLS Asset Management Limited.
  • Grant Thornton Bharat LLP appointed as Internal Auditor for FY27.