VLS Finance Limited has submitted a regulatory disclosure to the Listing Department of BSE Limited regarding the cessation of Shri Dinesh Kumar Mehrotra (DIN: 00142711) as Non-Executive, Independent Director of the Company.
The cessation became effective from the closing hours of June 28, 2026, following the completion of his second consecutive five-year term as Independent Director. Accordingly, he ceased to be a Director of the Company from that date.
The disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and references SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.
Annexure-A provides the required details:
- Name: Shri Dinesh Kumar Mehrotra
- Reason for Change: Completion of second term of five consecutive years as Non-Executive, Independent Director
- Date of Cessation: 28/06/2026
- Term of Appointment: Not applicable
- Brief Profile: Not applicable
- Relationships between Directors: Nil
- Names of listed entities where director holds directorships: Not applicable
The intimation was digitally signed by H. Consul, Company Secretary (Membership Number: A11183), on June 29, 2026 at 13:04:13 IST.
Copies were sent to:
1. The National Stock Exchange of India Ltd. (Scrip Code: VLSFINANCE)
2. The Calcutta Stock Exchange Association Ltd.