Postal ballot to appoint Mrs. Mugdha Rajesh Vartak as Independent Director

BFUTILITIE · price

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

Price reaction · full curve 14 horizons · vs prior close

+3.2%1-day move

₹402.00

prior close

₹401.30

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.1+0.9+1.0-0.3+3.2+9.1+8.5+13.2+18.2+24.3+42.0+51.2+52.0+42.0

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AI summary

BF Utilities is seeking shareholder approval via postal ballot to appoint Mrs. Mugdha Rajesh Vartak (DIN: 11613408) as a Non-Executive, Independent Director for a 3-year term from March 17, 2026 to March 16, 2029. She is an HR leader with 20+ years of experience in IT, consulting, automotive and education sectors, and holds an Executive MBA from IIM Calcutta. She also serves on the board of BF Investment Ltd. E-voting runs from April 7 to May 6, 2026, with results to be announced by May 8, 2026.

Likely market impact

Routine governance update — adds an independent director to the board, subject to shareholder approval. No material impact on operations expected.