BF Utilities Limited has informed the Exchange regarding Proceedings of Postal Ballot
BFUTILITIE · price
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BF Utilities Limited has informed the stock exchanges about the completion of voting on its Postal Ballot Notice dated May 29, 2025. The only resolution put to shareholders was the appointment of Mr. Madan Umakant Takale (DIN: 01291287) as a Non-Executive, Non-Independent Director of the company. E-voting was conducted via NSDL from July 4, 2025 to August 2, 2025, with the cut-off date for eligibility being June 27, 2025. Mr. Sridhar Mudaliar of M/s. SVD & Associates was appointed as the Scrutinizer to oversee the e-voting process fairly and transparently. The voting results are expected to be declared on or before August 5, 2025, and will be submitted to the exchanges and uploaded on the company's website.
This is a routine procedural disclosure with no immediate impact on shareholders. The actual outcome of the director appointment resolution is still pending declaration. Shareholders should watch for the formal voting results expected by August 5, 2025 to confirm whether Mr. Takale's appointment has been approved.