VLS Finance Limited — Capital/Financing Update 2021

Sep 2, 2021

September 2, 2021

LISTING DEPARTMENT BSE LIMITED PHIROZE JEEJEEBHOY TOWERS DALAL STREET MUMBAI - 400 001

Scrip Code: 511333

Dear Sir,

In terms of regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 read with Part A of Schedule IJI of the said regulations, we hereby intimate that the Company has acquired one lakh equity shares of Rs. 10/- each of VLS Securities Limited, a subsidiary of the Company, from VLS Capital Limited, a constituent of Promoter Group of the Company on l"September 2021, for an outlay of about Rs. 4.93 crores. The said acquisition was at arm's length with the aforesaid related party, since the consideration was arrived at on the basis of Independent Valuer's report. Besides, it is not a material transaction as per applicable regulations and materiality policy of the Company.

The Company along with 6 other nominees, now holds 100% share capital of VLS Securities Limited and therefore, the status of VLS Securities Limited has changed to "Wholly Owned Subsidiary of the Company" from "Subsidiary of the Company".

Kindly acknowledge the receipt.

H. Consul Company Secretary M. No. A 11183

• Copy to: I) The National Stock Exchange of India Ltd., Exchange Plaza, 5 1h Floor Plot No. CII, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai-400051 Scrip Code: VLSFINANCE
• 2) The Calcutta Stock Exchange Association. Ltd., 7, Lyons Range, Kolkata- 700 001

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