Appointment of Mrs. Mugdha Vartak as Non - Executive, Independent Director of the Company by Postal Ballot
BFUTILITIE · price
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BF Utilities Ltd has confirmed the appointment of Mrs. Mugdha Rajesh Vartak as a Non-Executive, Independent Director, not liable to retire by rotation, with effect from March 17, 2026. The appointment was approved by shareholders through a Postal Ballot, with e-voting concluding on May 6, 2026. The official confirmation was filed with the stock exchanges on May 7, 2026. Mrs. Vartak is a seasoned HR professional with over 20 years of experience across IT, Consulting, Automotive, and Education sectors. She holds an Executive MBA in Strategic HR from IIM Calcutta and is not related to any existing director or KMP on the board.
This appointment strengthens the board's independence and governance structure. The appointment was approved by shareholders with requisite majority, indicating confidence in the new director's qualifications.