VLS Finance Limited reported a consolidated net profit of ₹2,175.06 lakh for the financial year ended March 31, 2026, a decline of 53% from ₹4,620.44 lakh in the previous year. The board recommended a dividend of ₹1.50 per share, or 15% of the face value, subject to shareholder approval at the upcoming Annual General Meeting. The record date for the dividend and AGM is fixed for September 18, 2026.

The standalone net profit for the year stood at ₹1,982.03 lakh, compared to ₹4,532.76 lakh in FY25. Total income for the consolidated entity decreased to ₹4,809.31 lakh from ₹10,808.11 lakh in the prior year. The company’s investments stood at ₹1,93,590.74 lakh as of March 31, 2026, down from ₹2,21,120.50 lakh a year earlier.

Financial Performance

The board approved the audited standalone and consolidated financial results for FY26. Agiwal & Associates, the statutory auditors, issued an unmodified opinion on the results. The company’s total assets consolidated decreased to ₹2,20,518.93 lakh from ₹2,71,060.61 lakh in the previous year.

Corporate Actions

The board approved the write-off of outstanding dues aggregating ₹9,68,880.75 recoverable from VLS Asset Management Limited, a non-material subsidiary, to facilitate its closure under Section 248 of the Companies Act, 2013. Additionally, Grant Thornton Bharat LLP was appointed as the internal auditor for FY27, subject to requisite documentation.

The 39th Annual General Meeting is scheduled for September 29, 2026, via video conferencing. The dividend, if approved, will be paid on or before October 28, 2026.

VLS Finance Limited has informed the stock exchanges that its previously scheduled Board of Directors meeting, which was set for Monday, May 18, 2026, has been rescheduled due to unavoidable circumstances. The revised meeting will now be held on Tuesday, May 26, 2026. The updated intimation, filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was communicated to BSE Limited, the National Stock Exchange of India Ltd., and the Calcutta Stock Exchange Association Ltd. on May 13, 2026.

Board Meeting Agenda

The rescheduled board meeting retains the same agenda as originally communicated. The following key details outline the revised meeting:

The board will consider the audited financial results of the company for the financial year ended March 31, 2026. Additionally, the board will deliberate on recommending a dividend, if any, for the financial year 2025-2026, with any such recommendation subject to approval of members at the company's next Annual General Meeting.

Trading Window Closure

In continuation of its earlier communication dated March 27, 2026, VLS Finance has updated the closure period of its trading window for concerned persons. Following the rescheduling of the board meeting, the trading window will now remain closed until May 28, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The company has clarified that the trading window closure applies only to concerned persons as defined under the SEBI (Prohibition of Insider Trading) Regulations, 2015, and is not applicable to general investors, for whom trading remains open.

The intimation was signed by H. Consul, Company Secretary & Compliance Officer (M. No. A11183), on behalf of VLS Finance Limited.