StockWatch
·
Investment Company
Board Meeting26 May 2026, 08:11 pm

VLS Finance Approves FY26 Results, Recommends 15% Dividend

AI Summary

VLS Finance Ltd's board approved standalone and consolidated financial results for the year ended March 31, 2026. A dividend of ₹1.50 per equity share (15% on face value of ₹10) was recommended, subject to shareholder approval at the AGM. The AGM is scheduled for September 29, 2026, via video conferencing. The record date for AGM and dividend is set for September 18, 2026. The board also approved writing off ₹9,68,880.75 recoverable from VLS Asset Management Limited and appointed Grant Thornton Bharat LLP as Internal Auditor for FY 2026-27.

Key Highlights

  • VLS Finance board approved FY26 standalone and consolidated financial results.
  • A dividend of ₹1.50 per share (15%) was recommended for FY26, pending shareholder approval.
  • AGM scheduled for September 29, 2026, via video conferencing.
  • Record date for AGM and dividend is September 18, 2026.
  • Grant Thornton Bharat LLP appointed as Internal Auditor for FY27.