NSEGeneral Updates1d ago · 19 Oct 2026, 04:35 pm
General Updates
VLS Finance Limited · VLSFINANCE
✦ AI SummaryDivestiture
VLS Finance Limited has informed the Exchange about the striking-off of the name of its subsidiary company, VLS Asset Management Limited, which has been dissolved with effect from October 19, 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
VLS Finance Limited has informed the Exchange about Striking-off of the name of Subsidiary Company.
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VLSFINANCE_19102026163507_IntimationofStrikingoffVAML19102026.pdf
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VlS FINANCE LTD.
Regd. Office : Ground Floor, 90, Okhla
October 19, 2026
Industrial Estate, Phase Ill, New Delhi-110020
Tel. : 91-11-46656666
Fax : 91-11-46656699
Listing Department, Email : vls@vlsfinance.com
BSE Limited, Web : www.vlsfinance.com
CIN : L65910DL 1986PLC023129
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai -400 001.
Scrip Code: 511333
Sub: Intimation of Striking-off of the name of Subsidiary Company-
VLS Asset Management Limited
Dear Sir/ Madam,
In continuation of the disclosure made on 26th May 2026 and 11th August 2026 and in terms of
Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, it is hereby informed that the application made by VLS Asset Management Limited, a
Subsidiary Company, under Section 248 of the Companies Act, 2013 to strike-off its name
from Register of Companies has been approved by Registrar of Companies, Delhi on
19th October 2026 and the name of said company has been struck off and it is dissolved with
effect from the said date in terms of aforesaid provision of the Companies Act, 2013.
Accordingly, VLS Asset Management Limited has ceased to be the Company's subsidiary,
effective October 19, 2026.
The aforesaid event does not qualify as sale of any unit(s), division(s), or whole or substantially
the whole of the undertaking(s) or subsidiary of the listed entity. However, in line with good
corporate governance practices and as an abundant precaution, disclosure in the format
prescribed under the SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFDPOD2/I/3762/2026
dated January 30, 2026, is enclosed herewith as Annexure -A.
Kindly acknowledge the receipt.
Thanking you,
for VLS Finance Limited
H.Consul ~
Company Secretary
M. No.: Al 1183
Encl: As above.
Copy to: 1) The National Stock Exchange of India Ltd., Exchange Plaza, Scrip Code:
5th Floor Plot No. C/1, G-Block, Bandra Kurla Complex, VLSFINANCE
Bandra (E), Mumbai-400051
2) The Calcutta Stock Exchange Association. Ltd., 7, Lyons 032019
Range, Kolkata- 700 001
Annexure-A
Disclosure for the Sale or disposal of unit(s) or division(s) or subsidiary of the listed entity.
Particulars Details
1 The amount and percentage of the turnover or revenue or Nil
income and net worth contributed by such unit or division or
undertaking or subsidiary or associate company of the listed
entity during the last financial year;
2 Date on which the agreement for sale has been entered into; Not Applicable, since
3 The expected date of completion of sale/disposal; this IS the case of
4 Consideration received from such sale/disposal; voluntary strike-off
5 Brief details of buyers and whether any of the buyers belong to and consequent
the promoter/ promoter group/group companies. If yes, details dissolution, effective
thereof; October 19, 2026.
6 Whether the transaction would fall within related party
transactions? If yes, whether the same is done at "arm's
length";
7 Whether the sale, lease or disposal of the undertaking is
outside Scheme of Arrangement? If yes, details of the same
including compliance with regulation 37A of LODR
Regulations;
8 Additionally, in case of a slump sale, indicative disclosures
provided for amalgamation/merger, shall be disclosed by the
listed entity with respect to such slump sale;
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