BF UTILITIES LTD.-$

BF Utilities Ltd announced the appointment of Mr. Ajay Kirtane as a Non-Executive, Independent Director. The appointment, effective September 7, 2026, was approved by the company's members through a special resolution via postal ballot. Mr. Kirtane brings over 34 years of experience in financial management, debt syndication, mergers and acquisitions, and private equity. He is not related to any other director or Key Managerial Personnel (KMP) and is not debarred from holding a director's office by any regulatory authority. The term of his appointment is for five years, concluding on September 6, 2031.

BF Utilities Ltd's Board of Directors met on September 30, 2026, to discuss fines imposed by BSE and NSE for non-compliance with SEBI Listing Regulations. The primary issue was the non-submission of consolidated unaudited financial results for the quarter ended June 30, 2026, due to subsidiaries Nandi Infrastructure Corridor Enterprise Ltd. (NICE) and Nandi Economic Corridor Enterprises Ltd. (NECE) failing to submit their results. The Board noted that consolidated results will be published once received from subsidiaries and emphasized strict adherence to future timelines. Separately, the Board addressed a fine related to the composition of the Board, specifically the delay in appointing an Independent Director. A Non-Executive – Independent Director has been appointed for a five-year term from September 07, 2026, to September 06, 2031. The total fine for the Regulation 17(1) non-compliance was ₹182,900 (inclusive of GST). The company was urged to ensure compliance and remit fines within 15 days.

BF Utilities Ltd's Board of Directors met on September 30, 2026, to discuss fines imposed by BSE and NSE for non-submission of consolidated unaudited financial results for the quarter ended June 30, 2026. The non-submission was attributed to subsidiaries Nandi Infrastructure Corridor Enterprise Ltd. (NICE) and Nandi Economic Corridor Enterprises Ltd. (NECE) failing to provide their results. The company stated consolidated results will be published once received from subsidiaries and emphasized adherence to future timelines. The Board also addressed a separate fine for non-compliance with Regulation 17(1) regarding board composition, noting the appointment of an Independent Director from September 07, 2026, to September 06, 2031. The company had submitted its standalone financial results for the quarter ended June 30, 2026, on August 14, 2026.

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.

BF Utilities Ltd announced its audited consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved these results in a meeting held on September 30, 2026. Additionally, the Board approved the re-appointment of Mr. B. S. Mitkari as Director and 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. The company also confirmed that Mr. Mitkari has not been debarred from holding a director position by any authority.

BF Utilities Ltd has announced the appointment of Kirtane & Pandit LLP as its new Statutory Auditors for a term of five consecutive years, effective from FY 2026-27 to FY 2030-31. This appointment follows the retirement of the current auditors, G. D. Apte & Co., who have completed their first term and are not seeking reappointment due to pre-occupancies. The Board of Directors approved this appointment based on the recommendation of the Audit Committee. The company also disclosed its Audited Consolidated Financial Results for the quarter and year ended March 31, 2026, reporting total expenses of ₹22,608.64 Lakhs for the quarter and ₹49,433 Lakhs for the year. Additionally, Mr. B. S. Mitkari was re-appointed as a Director, subject to member approval at the upcoming AGM.

BF Utilities Ltd announced the appointment of Kirtane & Pandit LLP as its new Statutory Auditors for a term of five consecutive years, effective from FY 2026-27 to FY 2030-31. This follows the retirement of M/s. G. D. Apte & Co. after completing their first term and their decision not to seek reappointment due to pre-occupancies. The company also approved its audited consolidated financial results for the quarter and year ended March 31, 2026. Additionally, Mr. B. S. Mitkari was re-appointed as Director, subject to member approval at the upcoming AGM. The Board meeting commenced at 3:00 PM and concluded at 4:25 PM.

BF Utilities Ltd announced its audited consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved these results in a meeting held on September 30, 2026. Additionally, the Board approved the re-appointment of Mr. B. S. Mitkari as Director and 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. The company's 26th AGM will be convened separately.

BF Utilities Ltd has been fined a total of ₹3,54,000 (inclusive of GST) by the National Stock Exchange (NSE) and BSE Limited (BSE) for non-compliance with Regulation 33 of the Listing Regulations. The penalty stems from the delay in submitting consolidated unaudited financial results for the quarter ended June 30, 2026. The delay was attributed to subsidiaries Nandi Infrastructure Corridor Enterprise Ltd. (NICE) and Nandi Economic Corridor Enterprises Ltd. (NECE) not submitting their results on time. The company has paid ₹1,00,300 to BSE and the remaining ₹1,53,400 to NSE, with the final ₹1,00,300 paid on September 29, 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's insider trading regulations and will be effective from October 1, 2026. The trading window will reopen 48 hours after the company's financial results for the quarter ended September 30, 2026, are officially published. This measure is to prevent potential insider trading activities.