/ VLS Finance Board Recommends A Dividend At 10% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 9 May 2017

VLS Finance Ltd on Monday announced that that the board of directors of the company through its meeting held on May 08, 2017 has recommended a dividend @ 10% i.e. INR 1/- per equity share on the face value of INR 10/- per share, for the financial year 2016-2017, subject to approval of members in the next annual general meeting, as per BSE filing.

The company also approved audited financial results for the quarter and financial year ended March 31, 2017. It reported a net profit at Rs 574.70 lakhs for the quarter ended March 31, 2017, as against Rs 202.71 lakhs for the same quarter in the previous year, as per BSE filing.

VLS Finance Limited offers investment banking, structured finance, corporate consulting and advisory services, stock broking, privatisation and infrastructure finance, and proprietary investments and equity research.

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