BF Investment Limited has informed the Exchange regarding Change in Director(s) of the company.
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BF Investment Limited has informed the exchanges about the resignation of Ms. Aarti Arun Sathe (DIN: 06925030) as Non-Executive Independent Director, effective from close of business hours on August 14, 2025. She also stepped down from the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The reason for her resignation is that she has been elevated as an Additional Judge of the Bombay High Court, per a Government of India notification dated August 13, 2025. She confirmed there are no other material reasons for her resignation, and she does not hold directorships in any other listed entity. The Board recorded its appreciation for her contribution during her tenure.
This is a routine independent director exit driven by a prestigious professional appointment (judicial elevation) rather than any governance concern. Shareholders should note that the company will need to fill the independent director vacancy in due course to maintain board composition norms, but the stock is unlikely to see any material impact from this change.