BF UTILITIES LTD.-$

BF Utilities Ltd has been fined ₹1,71,100 each by NSE and BSE for non-compliance with Regulation 33 of SEBI Listing Regulations. The delay in submitting audited financial results for the quarter and year ended March 31, 2026, was due to subsidiaries Nandi Infrastructure Corridor Enterprise Ltd., Nandi Economic Corridor Enterprises Ltd., and Nandi Highway Developers Limited not submitting their results on time. The company has paid the total fine of ₹3,42,200 (subject to TDS) on July 1, 2026. BF Utilities stated there is no material impact on its financials or operations.

BF Utilities Ltd has announced the closure of its trading window for designated persons and connected individuals. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from July 1, 2026, until 48 hours after the unaudited financial results for the quarter ended June 30, 2026, are made public. This measure is standard practice to prevent insider trading during sensitive financial reporting periods.

BF Utilities Ltd. has paid fines of ₹4,42,500 each to the National Stock Exchange of India Limited (NSE) and BSE Limited for non-compliance with Regulation 17(1) of the Listing Regulations. This regulation pertains to the composition of the Board, specifically the failure to appoint an Independent Woman Director. The fines, inclusive of GST, were paid on May 29, 2026, with no delay or default in payment. The company has since appointed Mrs. Mugdha Vartak as a Non-Executive – Independent Woman Director, effective from March 17, 2026.

BF Utilities Limited has been fined a total of ₹8,85,000 (₹4,42,500 each by NSE and BSE, inclusive of GST) for non-compliance with Regulation 17(1) of SEBI Listing Regulations. The non-compliance pertains to the composition of its Board, specifically the failure to appoint an Independent Woman Director for the quarter ended March 31, 2026. The company clarified that it was in the process of identifying a suitable candidate and has since appointed Mrs. Mugdha Vartak as a Non-Executive – Independent Woman Director with effect from March 17, 2026. The company will pay the fine by the due date of June 11, 2026, and states there is no material impact on its financials or operations.

The Board of Directors of 532430 met on May 28, 2026, to discuss fines imposed by BSE and NSE. The first fine was for non-submission of Consolidated Unaudited Financial Results for the quarter ended December 31, 2025. The Board noted that these results were subsequently published on February 28, 2026, leading to the removal of the freeze on the Promoter's Demat account on March 18, 2026. The second fine was related to non-compliance with Regulation 17(1) regarding Board composition, specifically the failure to appoint an Independent Woman Director for the quarter ended March 31, 2026. The Board acknowledged that the Company had appointed a Non-Executive — Independent Woman Director for three years, effective March 17, 2026.

532430 announced a delay in publishing its consolidated financial results for the quarter and year ended March 31, 2026. While the audited standalone financial results were filed on May 28, 2026, the consolidated results are pending. This delay is attributed to three subsidiaries, Nandi Infrastructure Corridor Enterprise Ltd. (NICE), Nandi Economic Corridor Enterprises Ltd. (NECE), and Nandi Highway Developers Ltd. (NHDL), which have not yet submitted their audited financial statements for the year ended March 31, 2026. The company stated it will publish the consolidated financial results once the audited statements from these subsidiaries are made available.

BF Utilities Limited announced its standalone audited financial results for the quarter and year ended March 31, 2026. For Q4 FY26, the company reported a total revenue of ₹453.31 Lakhs and a net loss of ₹349.64 Lakhs, with an EPS of ₹(0.97). For the full fiscal year 2026, total revenue was ₹4,168.23 Lakhs. The Profit After Tax (PAT) for FY26 stood at ₹1,599.96 Lakhs, yielding an EPS of ₹4.24. The Board of Directors approved these results in a meeting held on May 28, 2026, noting an audit qualification impact.

BF Utilities Limited's Board of Directors approved the Audited Standalone Financial Results for the quarter and year ended March 31, 2026. For the full fiscal year 2026, the company reported a total revenue of ₹2,671.65 Lakhs and a profit for the period of ₹1,599.96 Lakhs, resulting in an Earnings Per Share (EPS) of ₹4.24. For the fourth quarter ended March 31, 2026, the company recorded a total revenue of ₹453.31 Lakhs and a loss for the period of (₹361.57) Lakhs, with an EPS of (₹0.97). The results also included segment-wise performance for Wind Mills and Infrastructure, along with the Auditor's Report.

BF Utilities Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited Standalone Financial Results for the quarter and year ended March 31, 2026. The trading window for directors and designated persons remains closed from April 1, 2026, until further notice, as per SEBI regulations.

BF Utilities Ltd. responded to a BSE clarification request regarding recent price movement in its shares. The company stated that it has made all necessary disclosures as per Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The company believes the increase in share volume is market-driven and due to prevailing market conditions. BF Utilities affirms its commitment to continue making appropriate disclosures as required by applicable laws.