VLS Finance has informed that the Board of Directors of the Company at its meeting held on May 08, 2017, has recommended a dividend at the rate of 10% i.e. Re 1 per equity share on the face value of Rs 10 per share, for the financial year 2016-2017, subject to approval of members in the next Annual General Meeting. The dividend, if approved, will be paid on or before October 24, 2017 to the members whose name stand in register of members on the date of closure of transfer books for this purpose.
The above information is a part of company’s filings submitted to BSE.