BF utilities Limited has announced a board meeting scheduled for February 28, 2026, to approve the company's quarterly financial results. The meeting represents a key corporate governance milestone as the company prepares to release its financial performance data for the third quarter of fiscal year 2026.

Board Meeting Details

The Board of Directors meeting will be conducted at the company's Pune location on Saturday, February 28, 2026. The primary agenda focuses on approving and taking on record the unaudited consolidated financial results for the quarter ended December 31, 2025.

Regulatory Compliance Framework

The board meeting announcement has been made in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial results will undergo review by the company's Audit Committee before final approval by the Board of Directors, ensuring adherence to established corporate governance protocols.

Trading Window Restrictions

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal Code of Conduct for Prevention of Insider Trading, BF Utilities has implemented trading window restrictions. The trading window closure affects multiple stakeholder categories and includes specific reopening timelines.

Corporate Structure

BF Utilities Limited operates as part of the Kalyani Group and maintains its corporate registration under CIN L40108PN2000PLC015323. The company's securities are listed on major Indian stock exchanges, with trading symbols BFUTILITIE on NSE and scrip code 532430 on BSE. The formal communication has been signed by Company Secretary and Compliance Officer Pragati S. Rai, reflecting the company's commitment to transparent corporate communication and regulatory compliance.

BF Utilities Limited has disclosed receiving a Settlement Order from the Securities and Exchange Board of India (SEBI) dated February 23, 2026, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Settlement Order Details

The company received Settlement Order No. SO/JS/DP2025-26/7871-7873 dated February 23, 2026, which addresses Settlement Application No. 7873/2024 filed by BF Utilities Limited under the SEBI Settlement Proceedings Regulations, 2018. The settlement order is accessible on SEBI's official website at www.sebi.gov.in .

Alleged Violations

The settlement order addresses alleged violations by BF Utilities Limited of multiple regulatory provisions. The company was alleged to have contravened three specific clauses of SEBI circulars and related regulations:

• Clause 49(VII)(D) of SEBI Circular CIR/CFD/POLICY CELL/2/2014 dated April 17, 2014, read with SEBI Circular CIR/CFD/POLICY CELL/7/2014 dated September 15, 2014, along with Regulation 103 of LODR Regulations and Section 21 of Securities Contracts (Regulations) Act, 1956
• Clause 49(VII)(E) of the same SEBI circulars with identical regulatory cross-references
• Clause 49(VIII)(A)(1) of the aforementioned SEBI circulars with similar regulatory provisions

Financial Impact

The primary financial impact on BF Utilities Limited is the settlement amount of ₹36,28,050 paid to SEBI. According to the company's disclosure, there are no other implications arising from the settlement order beyond this monetary payment.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the LODR Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The company secretary Pragati S. Rai signed the disclosure document digitally on February 23, 2026.

BF Utilities Limited, part of the Kalyani Group, is headquartered in Pune, Maharashtra, and operates under CIN L40108PN2000PLC015323. The settlement represents a resolution of regulatory matters without admission of guilt under SEBI's settlement framework.