BF Investment Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the National Stock Exchange of India and BSE Limited. The filing, submitted on July 07, 2026, outlines the company's adherence to environmental, social, and governance (ESG) principles and details its operational structure. The report highlights that the company operates as a core investment entity, with 100% of its turnover derived from investment and financing activities.

The company reported a paid-up capital of ₹188,338,140 and a net worth of ₹961,45,50,000. Operations are managed from a single registered office in Pune, with a total workforce comprising two permanent employees. The gender distribution among employees is equal, with one male and one female, representing 50% each. The Board of Directors consists of six members, with female representation at 16.67%. Key Management Personnel includes two individuals, with 50% female representation.

Material Risks and Governance

The BRSR identifies several material responsible business conduct issues that pose risks to the business. Key risks include fluctuations in the securities market and global economic scenarios, which may lead to the devaluation of investments. The report also cites the dependence on dividends from group companies as a primary income source as a risk factor. Additionally, the company flagged potential non-recovery of principal amounts lent, changes in government policies, and cybersecurity threats as significant risks requiring mitigation through strong information security architecture.

Mr. Amit Kalyani, Non-Executive Non-Independent Director and Chairperson related to Promoter, is identified as the highest authority responsible for implementing and overseeing business responsibility policies. The company has a Board committee responsible for decision-making on sustainability-related issues. However, the report notes that the company is in the initial years of ESG adoption and intends to specify specific objectives and targets in upcoming reporting periods.

Financial and Operational Disclosures

The company disclosed that it paid fines totaling ₹713,900 each to BSE and NSE during the financial year under Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No appeals were preferred against these penalties. The report also indicates that 100% of the company's loans and advances, as well as investments, were made with related parties during FY 2025-26, consistent with the previous year.

In terms of stakeholder engagement, the company received six shareholder complaints during FY 2025-26, all of which were resolved, compared to two complaints in the previous year. No complaints were reported from other stakeholder groups such as communities, employees, or customers. The company confirmed that it does not have an anti-corruption or anti-bribery policy in place.

Subsidiaries and Associates

BF Investment Limited holds significant stakes in several associate companies and joint ventures. Notable investments include a 39.06% holding in Kalyani Steels Ltd, 49.00% in Kalyani Financial Services Private Limited, and 40.00% in Nandi Engineering Limited. The company also holds 48.99% in Meritor HVS (India) Limited and 35.52% in Automotive Axles Limited, both classified as joint ventures. None of these entities currently participate in the Business Responsibility initiatives of the listed entity.

BF Investment has fixed Friday, July 3, 2026, as the record date to determine shareholder entitlement for the final dividend of ₹10 per equity share. The dividend, recommended for the financial year ended March 31, 2026, translates to a rate of 200% on the face value of ₹5 each. The payout is subject to shareholder approval at the Annual General Meeting (AGM) scheduled for Thursday, July 30, 2026.

The Board of Directors recommended the dividend in its meeting on May 29, 2026. If approved, payment will be made on or after Monday, August 3, 2026. The company specified that dividends will be paid to beneficial owners in dematerialized form based on data from National Securities Depository Limited and Central Depository Services (India) Limited as of the close of business hours on the record date. For physical shareholdings, payment will follow after giving effect to valid transmission or transposition requests lodged by the record date.

Key Dates and Entitlement

Shareholders must hold shares as of the close of business hours on July 3, 2026, to qualify for the dividend. The company has mandated that dividends be paid exclusively through electronic means, requiring shareholders to ensure bank details are updated with their depository participants or the registrar.

TDS Compliance

The dividend is subject to tax deduction at source (TDS) as per prevailing regulations. Shareholders must submit specific tax-related documents by the close of business on July 3, 2026, to ensure the appropriate TDS rate is applied. Resident individuals with a valid Permanent Account Number (PAN) face a 10% deduction, while those without a valid PAN or Aadhaar-linked PAN will be subject to a 20% deduction. No tax will be deducted if the total dividend amount does not exceed ₹10,000 for the tax year 2026-27 or if valid exemption forms are submitted.

Non-resident shareholders may opt for beneficial tax rates under Double Tax Avoidance Agreements (DTAA) by submitting a Tax Residency Certificate (TRC) for 2026-27, a self-attested PAN copy, and a self-declaration in Form 41. The company clarified that it is not obligated to apply beneficial treaty rates if the documentation is incomplete. Shareholders holding shares in physical form must submit details to MUFG Intime India Private Limited.