BF Utilities Limited (BFUTILITIE) — Announcement

📢 Key Event
Company paid Rs. 4,42,500 fine to NSE and BSE for board composition violation.

🔄 What Changed
Appointment of Mrs. Mugdha Vartak as Independent Woman Director effective March 17, 2026.

💡 Investor Takeaway
The fine resolves a regulatory breach with no financial or operational impact on the company.

BF Utilities Limited disclosed that it paid a Rs. 4,42,500 fine to both NSE and BSE for failing to appoint an Independent Woman Director, a compliance issue resolved on May 29, 2026, with no material financial impact.

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About BF Utilities Limited (BFUTILITIE)

Services · Transport Infrastructure · Listed on NSE

Market Cap: ₹2,021.81 Cr P/E: 6.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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