VLS Finance Limited has informed the Exchange about Appointment of Secretarial Auditor of the Company for Five Consecutive Yearsw.e.f. 01/04/2025 to 31/03/2030 subject to other approvals.
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VLS Finance Limited has informed the exchange about the appointment of a Secretarial Auditor for a period of five consecutive years, from 1 April 2025 to 31 March 2030. The appointment is subject to other approvals, which typically means it needs shareholder ratification at the next general meeting as per SEBI and Companies Act requirements. A Secretarial Auditor is responsible for checking the company's compliance with corporate laws and SEBI regulations. This is a routine corporate governance disclosure and does not involve the statutory financial auditor.
This is a procedural compliance filing with no direct impact on earnings or share price. It reassures shareholders that compliance oversight will continue for the next five years, but investors should wait for confirmation of shareholder approval.