VLS Finance Limited has issued a comprehensive postal ballot notice to shareholders, seeking approval for the appointment of Gaurav Goel as Independent Director and revisions in executive remuneration. The e-voting process will commence on December 31, 2025, and conclude on January 29, 2026.

Gaurav Goel's Transition to Independent Director

Following his resignation as Non-Executive, Non-Independent Director on November 21, 2025, Gaurav Goel has been appointed as Additional Director in the category of Independent Director effective November 22, 2025. The postal ballot seeks shareholder approval for his formal appointment as Independent Director for a five-year term ending November 21, 2030.

Executive Remuneration Revisions

The postal ballot also seeks approval for remuneration revisions for three key executives, effective from April 1, 2025:

Managing Director - Suresh Kumar Agarwal

Director-Finance & CFO - Kishan Kumar Soni

Executive Director - Keshav Tandan

Voting Process and Timeline

The company has appointed Ashutosh Aggarwal (COP: 7467) as Scrutinizer for the postal ballot process. Key dates for the voting process include:

Corporate Governance Enhancement

Gaurav Goel brings extensive experience as Vice Chairman and Managing Director of Dhampur Sugar Mills Limited, with over two decades in the sugar industry. His appointment as Independent Director is expected to enhance the company's corporate governance standards and provide objective oversight of management decisions.

The company has engaged National Securities Depository Limited (NSDL) for facilitating the e-voting process, with voting restricted to electronic means only. Shareholders are advised to register their email addresses with the company's registrar, RCMC Share Registry Private Limited, to participate in the voting process.

VLS Finance Limited , a prominent player in the investment and securities trading sector, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's performance shows a mixed picture with significant changes in profitability compared to the previous year.

Key Financial Highlights

On a standalone basis, VLS Finance reported a net profit of Rs 543.12 lakhs for Q2 2025, marking a substantial decrease from Rs 4,079.20 lakhs in the corresponding quarter of the previous year. However, for the half-year, the company maintained a strong performance with a net profit of Rs 6,602.50 lakhs, although lower than the Rs 14,013.73 lakhs reported in H1 2024.

The total income for Q2 2025 stood at Rs 1,140.70 lakhs, while the half-year total income reached Rs 9,727.41 lakhs.

Consolidated Performance

On a consolidated basis, VLS Finance posted improved results:

The consolidated net profit for Q2 2025 was Rs 710.08 lakhs, while for the half-year, it amounted to Rs 7,824.58 lakhs.

Operational Focus

VLS Finance continues to operate primarily in the segment of investments and dealing in shares, securities, and derivatives. This focused approach allows the company to leverage its expertise in the financial markets.

Board Approval and Audit Status

The financial results were approved by the Board of Directors at their meeting held on November 9, 2025, after being reviewed and recommended by the Audit Committee. The results have undergone a limited review by the company's statutory auditors.

Market Implications

While the standalone quarterly profits show a significant year-on-year decline, the half-yearly results indicate that VLS Finance maintains a strong financial position. The variation in profits may be attributed to the volatile nature of the investment and securities trading business, which is subject to market fluctuations.

Investors and market analysts may need to consider both the quarterly and half-yearly performance to gain a comprehensive understanding of the company's financial health and future prospects.

VLS Finance's ability to generate substantial consolidated profits, despite the challenges in the standalone results, suggests a resilient business model across its group companies. The company's performance in the coming quarters will be crucial in determining the sustainability of its financial trajectory in the dynamic financial markets landscape.