BF Investment Limited has informed the Exchange regarding Appointment of Mrs Mugdha Vartak as Non- Executive Independent Director of the company w.e.f. March 17, 2026.
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BF Investment Limited has appointed Mrs. Mugdha Rajesh Vartak (DIN: 11613408) as an Additional, Non-Executive Independent Director with effect from March 17, 2026. The appointment is for a period of three years, ending on March 16, 2029, and is subject to shareholder approval via postal ballot. Mrs. Vartak is an experienced HR leader with 20+ years across IT, Consulting, Automotive, and Education sectors, and holds an Executive MBA from IIM Calcutta along with multiple postgraduate qualifications. She is not debarred by SEBI or any authority and is not related to any existing Director or Key Managerial Personnel on the board.
This is a routine governance update adding an independent director to strengthen the board. No direct impact on stock price or shareholders is expected, though shareholders will get to vote on her appointment through a postal ballot.