VLS Finance Approves ₹1.50 Dividend, Reappoints MD and Directors

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VLS Finance Limited has taken key corporate governance and shareholder-friendly steps by approving a final dividend of ₹1.50 per equity share for the financial year 2024–25 and reappointing several key members of its leadership team. The board’s decisions reflect continuity in management and a commitment to rewarding shareholders.

Key Decisions from the Board Meeting

In its board meeting held on September 27, 2025, VLS Finance approved the following resolutions:

  • Reappointment of Shri Suresh Kumar Agarwal as Managing Director for a term of three years.
  • Reappointment of Shri Kishan Kumar Soni as Director – Finance & CFO.
  • Reappointment of Shri Gaurav Goel as Director, who retires by rotation and was eligible for reappointment.
  • Declaration of a final dividend of ₹1.50 per equity share for FY 2024–25.
  • Approval of secretarial auditors and their remuneration.

The meeting was conducted via video conferencing and all resolutions were passed with the requisite majority.

Dividend and Shareholder Implications

The approved dividend of ₹1.50 per share represents a 15% payout on the face value of ₹10 per share, reflecting the company’s healthy financial position and commitment to providing returns to shareholders. The dividend will be paid to shareholders on record as per the company’s dividend declaration process.

Leadership Continuity

The reappointments of the Managing Director and key directors signal stability in the company’s management and strategy. Shri Suresh Kumar Agarwal will continue as Managing Director until August 20, 2028, ensuring continuity in the company’s growth plans and operational management.

Corporate Governance and Compliance

VLS Finance’s board also confirmed adherence to corporate governance norms by approving auditors and following the Companies Act, 2013 guidelines for director reappointments and dividend declaration. These steps reinforce transparency and accountability, building investor confidence.

Outlook

With a stable leadership team and a shareholder-friendly dividend policy, VLS Finance continues to demonstrate its focus on operational stability and financial prudence. The board’s actions are expected to positively influence investor sentiment while maintaining the company’s growth trajectory.

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