Subsidiary VLS Asset Management Limited struck off from register
VLSFINANCE · price
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VLS Finance Ltd's wholly owned subsidiary, VLS Asset Management Limited, has been struck off and dissolved effective October 19, 2026. The Registrar of Companies, Delhi approved the subsidiary's application under Section 248 of the Companies Act, 2013, following earlier disclosures in May and August 2026. This is a voluntary strike-off, not a sale or disposal of an undertaking. The subsidiary contributed nothing to turnover, revenue, income, or net worth in the last financial year.
Negligible impact as the dissolved subsidiary contributed zero to turnover or net worth, so consolidated financials remain largely unchanged for shareholders.