Appointment of M/s ABSM and Associates as Statutory Auditors of the Company for a period of 5 years
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BFL Asset Finvest Ltd has appointed M/s ABSM & Associates (FRN: 015966C) as its new Statutory Auditor for a period of 5 consecutive years, effective from the conclusion of the 30th Annual General Meeting held on September 9, 2025, until the conclusion of the 35th AGM in 2030. The change happened because the term of the previous auditor, M/s Khilnani & Associates (FRN: 005776C), expired at the 30th AGM. The new auditor firm has over 14 years of experience in auditing and financial consulting, serving banks, NBFCs, financial institutions, and government bodies. This is a routine auditor rotation as required under company law and SEBI regulations.
This is a standard, regulatory-driven auditor rotation with no red flags. Shareholders are unlikely to see any material impact on the stock price or operations, as the previous auditor's term simply expired as per the mandatory rotation rules.