BF Utilities Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026. The submission, made on April 06, 2026, fulfills mandatory requirements under SEBI regulations for listed companies.

Regulatory Compliance Filing

The company submitted a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 to both National Stock Exchange of India Limited and BSE Limited. This quarterly filing is a standard regulatory requirement for all listed companies to ensure proper handling of securities dematerialization processes.

Certificate Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the registrar and transfer agent for BF Utilities Limited. The certificate confirms that securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to depositories within prescribed timelines.

The registrar confirmed that all security certificates received for dematerialization were verified, mutilated, and cancelled after due verification by depository participants. Additionally, the names of depositories were substituted in the register of members as registered owners according to regulatory requirements.

Corporate Structure

BF Utilities Limited operates as part of the Kalyani Group of companies. The filing was signed by Pragati S. Rai, Company Secretary and Compliance Officer, demonstrating the company's commitment to maintaining regulatory compliance standards.

This routine compliance filing ensures transparency in the company's securities handling processes and maintains adherence to SEBI regulatory framework for depositories and participants.

BF Utilities Limited has issued a postal ballot notice to shareholders seeking approval for the appointment of Mrs. Mugdha Rajesh Vartak (DIN: 11613408) as a Non-Executive, Independent Director of the company. Following the Board of Directors meeting held on March 17, 2026, the company has now published the postal ballot notice in newspapers and submitted regulatory filings to stock exchanges.

Newspaper Publication and Regulatory Filing

On April 04, 2026, BF Utilities Limited informed the National Stock Exchange of India Ltd. and BSE Limited about the newspaper publication of its postal ballot notice. The notice was published in Financial Express (all editions) and Loksatta (Pune edition) on Saturday, April 04, 2026, in compliance with Regulations 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company secretary, Pragati S. Rai, digitally signed the regulatory filing on April 04, 2026, at 14:23:55 +05'30', confirming the newspaper publications and making the information available on the company's website at www.bfutilities.com .

E-Voting Process and Timeline

The company has engaged National Securities Depository Limited (NSDL) to provide e-voting facilities to shareholders. The voting process is being conducted entirely through electronic means, with no physical copies being sent to members.

Shareholders whose names appear in the Register of Members or Register of Beneficial Owners as on March 31, 2026, are entitled to vote. The postal ballot notice has been sent only through electronic mode to registered email addresses in compliance with MCA and SEBI circulars.

Proposed Director Profile

Mrs. Mugdha Rajesh Vartak brings extensive experience to the board with over 20 years of HR leadership across multiple sectors. Her professional background encompasses strategic management, leadership hiring, succession planning, and organizational development.

Appointment Terms and Regulatory Compliance

The proposed appointment is for a term of three consecutive years, effective from March 17, 2026, to March 16, 2029. Mrs. Vartak will serve as a Non-Executive, Independent Director and will not be liable to retire by rotation. The appointment requires approval through a Special Resolution as per the provisions of the Companies Act, 2013.

The postal ballot process adheres to multiple regulatory frameworks including the Companies Act, 2013, SEBI LODR Regulations, and various MCA and SEBI circulars. The process complies with General Circular Nos. 14/2020, 17/2020, 20/2020, and subsequent circulars, with the latest being 03/2025 dated September 22, 2025. Shareholders can access the complete postal ballot notice on the company's website and NSDL's e-voting platform at www.evoting.nsdl.com .