VLS Finance Limited , a prominent player in the financial services sector, has announced a significant change in its board composition. Gaurav Goel, who has been serving as a Non-Executive, Non-Independent Director, has tendered his resignation effective November 21, 2025. This move is part of a strategic transition within the company's leadership structure.

Resignation Details

The company disclosed the following information regarding Mr. Goel's resignation:

Transition to Independent Director Role

Mr. Goel's resignation is not a departure from the company but rather a strategic move to change his role within the organization. The resignation is aimed at facilitating his proposed reappointment as a Non-Executive, Independent Director. This transition is subject to the following conditions:

1. Approval by the Board of Directors
2. Shareholder approval
3. Compliance with applicable regulations, including:
   • Companies Act, 2013
   • SEBI (LODR) Regulations, 2015

Implications of the Transition

The shift from a Non-Independent to an Independent Director role is significant for several reasons:

1. Enhanced Corporate Governance: Independent directors play a crucial role in ensuring objective decision-making and protecting the interests of all stakeholders.
2. Regulatory Compliance: The move aligns with regulatory requirements for board composition, particularly regarding the ratio of independent to non-independent directors.
3. Fresh Perspective: As an Independent Director, Mr. Goel may bring a new level of objectivity to board discussions and decisions.

Next Steps

While Mr. Goel's resignation is effective immediately, his proposed appointment as an Independent Director will need to go through the necessary approval processes. Shareholders and market observers will likely be watching closely for announcements regarding:

• The board's decision on the proposed appointment
• The scheduling of a shareholder vote, if required
• Any changes to board committee compositions that may result from this transition

VLS Finance Limited has not provided additional details about potential changes to the board structure or any impact on the company's operations. As this corporate action unfolds, it will be important to monitor how it influences the company's governance practices and strategic direction.

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.