VLS Finance Reschedules Board Meeting to May 26, 2026 for FY26 Audited Results and Dividend

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:

Parameter:	Details
Original Meeting Date:	Monday, May 18, 2026
Revised Meeting Date:	Tuesday, May 26, 2026
Reason for Rescheduling:	Unavoidable circumstances
Purpose:	Consideration of Audited Financial Results for FY ended March 31, 2026
Dividend:	Recommendation of dividend, if any, for FY 2025-2026
Dividend Approval:	Subject to approval of members at the next Annual General Meeting
Regulatory Basis:	Regulation 30, SEBI (LODR) Regulations, 2015

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.38%	-2.12%	-2.46%	+14.78%	-3.57%	+142.52%

VLS Finance Limited has successfully completed its postal ballot process for the revision of Executive Director remuneration, with shareholders demonstrating overwhelming support for the proposed changes. The company announced the voting results on April 13, 2026, following the completion of the remote e-voting period.

Postal Ballot Process and Timeline

The postal ballot notice was issued on February 13, 2026, with the remote e-voting period commencing on March 11, 2026 at 9:00 AM IST and concluding on April 09, 2026 at 5:00 PM IST. The record date for determining eligible shareholders was set as February 27, 2026, with a total of 24,722 shareholders on record.

Parameter:	Details
Notice Date:	February 13, 2026
Record Date:	February 27, 2026
E-voting Period:	March 11 - April 09, 2026
Total Shareholders:	24,722
Resolutions Passed:	1

Resolution Details and Voting Results

The sole agenda item was an ordinary resolution for the revision in remuneration structure of Shri Keshav Tandan (DIN: 10450801), Executive Director of the Company. The resolution received exceptional support across all shareholder categories.

Category:	Shares Held	Votes Polled	Polling %	Votes in Favour	Votes Against	Approval %
Promoter Group:	17,691,836	13,793,806.00	77.97%	13,793,806.00	0.00	100.00%
Public Institutions:	443,942	409,601.00	92.26%	409,601.00	0.00	100.00%
Public Non-Institutions:	13,242,885	23,493.00	0.18%	20,844.00	2,649.00	88.72%
Total:	31,378,663	14,226,900.00	45.34%	14,224,251.00	2,649.00	99.98%

Scrutinizer Report and Compliance

Ashutosh Aggarwal of A Aggarwal and Associates Company Secretaries served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report, dated April 13, 2026, confirmed that the resolution was passed with the requisite majority in accordance with the Companies Act, 2013.

Key aspects of the process included:

Electronic dispatch of postal ballot notices completed on March 10, 2026
Advertisement published in Financial Express (English) and Jansatta (Hindi) on March 11, 2026
E-voting facility provided through NSDL platform
Votes unblocked on April 10, 2026 at 4:07 PM in the presence of witnesses

Regulatory Compliance and Disclosure

The voting results have been submitted to all relevant stock exchanges where VLS Finance shares are listed, including NSE, BSE, and Calcutta Stock Exchange. The company has also published the complete voting results on its website at www.vlsfinance.com as required under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The resolution was deemed passed on the last date of e-voting, April 09, 2026, with the company confirming that promoters and promoter groups had no interest in the agenda item. The high approval rate of 99.98% reflects strong shareholder confidence in the proposed remuneration revision for the Executive Director.