VLS Finance 39th AGM Approves Dividend, Director Appointments

Meeting Details

• Date: Tuesday, 29th September, 2026
• Time: 3:30 p.m. to 4:17 p.m.
• Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
• Type of Meeting: 39th Annual General Meeting
• Chairperson: Shri Suresh Kumar Agarwal - Managing Director (elected to chair due to inability of Shri Anoop Mishra, Chairman of the Board)

Attendees and Quorum

• Members Present: 64 attendees reported on the NSDL portal who remained till conclusion of meeting
• Share Representation: Approximately 38,38,044 equity shares in aggregate
• Directors Present: Shri Suresh Kumar Agarwal (Managing Director), Shri A. K. Jain (Chairman of Audit Committee and Nomination and Remuneration Committee), Shri Najeeb Hamid Jung (Chairman of CSR Committee)
• Quorum: Requisite quorum was present with 51 members having joined the meeting

Resolutions Proposed and Transacted

The following seven resolutions from the Notice dated 11/08/2026 were transacted:

1. Ordinary Resolution: To receive, consider and adopt the audited financial statements of the Company both standalone and the consolidated financial statements for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.

2. Ordinary Resolution: To approve a Final dividend of Rs. 1.50 per equity share for the financial year ended March 31, 2026.

3. Ordinary Resolution: To appoint Shri Keshav Tandan (DIN: 10450801) as a Director in place who retires by rotation and being eligible, offers himself for re-appointment.

4. Special Resolution: To consider appointment of Shri Dinesh Kumar Mehrotra (DIN: 00142711) as a Non-Executive Non-Independent Director of the Company.

5. Special Resolution: To approve revision in remuneration of Shri Suresh Kumar Agarwal (DIN: 00106763) - Managing Director of the Company.

6. Special Resolution: To approve revision in remuneration of Shri Kishan Kumar Soni (DIN: 00106037) - Director-Finance & CFO of the Company.

7. Ordinary Resolution: To approve revision in remuneration of Shri Keshav Tandan (DIN: 10450801) - Executive Director of the Company.

Voting Process and Methods

• Remote E-voting: Facility provided to Members to cast votes through remote e-voting on all resolutions
• E-voting during AGM: Members present at AGM who had not cast votes through remote e-voting were provided opportunity to cast votes during the meeting and up to 15 minutes after conclusion through e-voting at AGM
• Voting Platform: National Securities Depository Limited (NSDL) portal
• Voting Closure: E-voting portal closed at 4:32 p.m. (15 minutes after meeting conclusion at 4:17 p.m.)

Key Proceedings

• Chairman provided overview of Company's performance
• Company Secretary informed members about procedure for e-voting during AGM
• Company Secretary confirmed no adverse remark or qualification in Statutory Auditor's Report or Secretarial Auditor's Report
• Registered speakers expressed their views during members' comments session
• Shri Kishan Kumar Soni - Director-Finance & CFO addressed queries received from members
• Results of voting to be announced on receipt of Scrutinizer's Report within 2 working days of conclusion to concerned Stock Exchanges and available on company website

Compliance and Signatories

• Compliance: Conducted in accordance with applicable regulations including SEBI (LODR) Regulations, 2015