BF Utilities Limited has informed the Exchange regarding Resignation of Mr B S Mitkari as Company Secretary of the company w.e.f. close of business hours on March 31, 2025.
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BF Utilities Limited has informed the stock exchange about the resignation of Mr. B S Mitkari from the post of Company Secretary. The resignation will take effect from the close of business hours on March 31, 2025. The Company Secretary is a Key Managerial Personnel (KMP) under the Companies Act, 2013. No reason for the resignation has been disclosed in the filing. The company will need to appoint a replacement within the timeline prescribed under the Companies Act.
Routine KMP changes are common, but shareholders should watch for a replacement announcement to ensure continued compliance with secretarial and disclosure obligations. Any unusual circumstances or delayed replacement could be a minor governance red flag.