Postal ballot for appointment of Independent Director concluded

Board & Shareholder Meetings View source PDF Explain this filing

BFUTILITIE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹471.00

prior close

₹468.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%-0.1% vs market

Road Assets - Toll Annuity Hybrid-Annuity peers, median of 6sector-2.7%+0.9% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.9 pts more than its Road Assets - Toll Annuity Hybrid-Annuity peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-0.7

15m

-1.1

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-1.7-0.1-2.7+0.9

Next day

-6.1-4.2-1.9-8.6+2.5

-9.3-5.2-4.1-9.2-0.1

-14.2-7.4-6.8-13.1-1.2

-12.1-7.0-5.1-10.3-1.8

-4.5-5.5+1.0-9.8+5.4

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15d

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UpDownMarket · Nifty Microcap 250Sector · Road Assets - Toll Annuity Hybrid-Annuity peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

BF Utilities conducted a postal ballot via e-voting from September 18 to October 17, 2026 to seek shareholder approval for appointing Mr. Ajay Charuchandra Kirtane as Non-Executive, Independent Director of the company. NSDL provided the e-voting platform and M/s. SVD and Associates served as scrutinizer. The cut-off date for voting was September 11, 2026. Results along with the scrutinizer report will be declared on or before October 21, 2026.

Likely market impact

Brings a new independent director onto the board, strengthening oversight. Final voting outcome will be announced by October 21, 2026.