Disclosure of Voting results of Postal Ballot under Reg 44 of Listing Regulations
BFINVEST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BF Investment Ltd conducted a postal ballot for the appointment of Mrs. Mugdha Rajesh Vartak (DIN: 11613408) as Non-Executive, Independent Director. The e-voting period ran from April 7 to May 6, 2026. Out of 28,839,424 valid votes cast, 28,833,750 (99.9803%) were in favour and 5,674 (0.0197%) were against. A total of 124 members voted, with no invalid or abstained votes. The special resolution was passed with requisite majority. M/s. SVD & Associates, Company Secretaries, Pune acted as the Scrutinizer.
The appointment of Mrs. Mugdha Rajesh Vartak as an Independent Director strengthens the Board's independence. With near-unanimous shareholder approval, the stock is likely to see a neutral to mildly positive reaction, reinforcing good governance.