Announced Tue, 29 Jul · 16:45 IST

The Board of Directors in their meeting held on Tueday, July 29, 2025 which commenced at 04:00 P.M. and concluded at 04:30 P.M at the registered office of the company inter alia transacted ....

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

BFL Asset Finvest's Board, at its July 29, 2025 meeting, approved the unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Total income for the quarter stood at Rs. 962.43 lakhs compared to Rs. 926.56 lakhs in Q1 FY25, with profit before tax rising to Rs. 659.48 lakhs from Rs. 566.47 lakhs year-on-year. Basic EPS was Rs. 6.46 versus Rs. 5.55 in the same quarter last year. The Board also approved the re-appointment of Mr. Mahendra Kumar Baid as Managing Director for a further 3 years effective July 28, 2026 to July 27, 2029, subject to shareholder approval. Additionally, M/s ABSM & Associates was appointed as the new Statutory Auditor for a 5-year term (till the 35th AGM in 2030), replacing retiring auditors M/s Khilnani & Associates. The 30th AGM was scheduled for September 9, 2025 via video conferencing, and the insider trading window reopened from August 1, 2025.

Likely market impact

Year-on-year growth in both income and profitability signals continued operational momentum for the small-cap NBFC focused on shares, securities and F&O trading. Shareholders should note the MD re-appointment, auditor rotation, and upcoming AGM requiring their approval votes.