VLS Finance Limited has informed the Exchange regarding Notice of Postal Ballot
VLSFINANCE · price
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VLS Finance Limited has issued a Postal Ballot Notice to shareholders for four special business items, to be voted on through remote e-voting. Resolution 1 seeks approval to appoint Shri Gaurav Goel (DIN: 00076111) as a Non-Executive Independent Director for a first term of five years (from November 22, 2025 to November 21, 2030). Resolutions 2, 3, and 4 seek shareholder approval for revision in remuneration of Shri Suresh Kumar Agarwal (Managing Director) with basic salary of Rs. 4,05,700 per month, Shri Kishan Kumar Soni (Director-Finance & CFO) with basic salary of Rs. 4,01,950 per month, and Shri Keshav Tandan (Executive Director) with basic salary of Rs. 2,64,300 per month, effective from April 1, 2025. The e-voting window runs from December 31, 2025 (9 AM IST) to January 29, 2026 (5 PM IST), with results to be declared on or before February 2, 2026. The cut-off date for determining voting eligibility is December 12, 2025. Shri Ashutosh Aggarwal, Practicing Company Secretary, has been appointed as the Scrutinizer for the process.
Shareholders should cast their votes electronically during the voting window, as approval requires a special majority. The proposed revisions in executive remuneration and the appointment of a new Independent Director are routine corporate governance items and are not expected to materially affect the stock price in the short term.