StockWatch
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Civil Construction
Board Meeting30 Sept 2026, 05:21 pm

BF Utilities: Re-appoints Director B. S. Mitkari, Appoints New Auditors

AI Summary

BF Utilities Ltd announced the re-appointment of Mr. B. S. Mitkari as Director, subject to shareholder approval at the upcoming 26th Annual General Meeting. The company also reported its audited consolidated financial results for the quarter and year ended March 31, 2026. Key figures include total income of ₹94,798.12 Lakhs (₹947.98 Crore) for the year and a profit of ₹4,449.67 Lakhs (₹44.50 Crore) for the quarter. Additionally, the board approved the appointment of Kirtane & Pandit LLP as the new Statutory Auditors for a five-year term starting FY 2026-27, replacing G. D. Apte & Co. who are retiring after their first term.

Key Highlights

  • Mr. B. S. Mitkari re-appointed as Director, pending AGM approval.
  • Audited consolidated financial results for FY ended March 31, 2026, declared.
  • Kirtane & Pandit LLP appointed as new Statutory Auditors for five years.
  • G. D. Apte & Co. retiring as auditors after completing their term.
  • Company confirms Mr. Mitkari is not debarred from directorship.