Please find enclosed Annual Secretarial Compliance Report for year ended 31st March 2026
VLSFINANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
VLS Finance Ltd has received a clean Secretarial Compliance Report for FY 2025-26 from Practicing Company Secretary A Aggarwal and Associates. The company has complied with all applicable SEBI regulations including LODR, ICDR, Takeover, Insider Trading, and Depository regulations with no deviations, fines, or penalties. The only notable matter is a past tax demand of Rs. 25.97 crore for AY 2022-23, which has been fully set aside in favor of the company during the year. Two additional tax matters were reported: a small Rs. 35,875 demand for AY 2024-25 (paid, penalty waiver pending) and an AY 2023-24 addition of Rs. 67.4 lakh that was deleted by the appellate authority. All other compliance areas including secretarial standards, board processes, related party transactions, and website disclosures show clean status.
The filing is positive for shareholders as it confirms regulatory compliance across all SEBI requirements with no penalties. The resolution of the Rs. 25.97 crore tax demand removes a contingent liability. Minor ongoing tax matters are being properly contested through legal channels.