VLS Finance Limited (NSEI:VLSFINANCE) announces a share repurchase program. Under the program, the company will repurchase up to INR 700 million worth of its shares. The maximum price paid by the shareholders would not exceed INR 200 per share.

The repurchases will be made out of the Company's accumulated free reserves. The purpose of the program is to optimize and enhance overall shareholders value by returning cash to shareholders. The program will remain open till July 14, 2023, unless closed earlier.

As of January 5, 2023, the company had 38,662,017 shares issued and outstanding