BFL Asset Finvest Ltd

Board outcomes

• Board approved unaudited standalone quarterly and half-year results for period ended September 30, 2026.
• Limited Review Report on the results has been completed.
• Trading window opens from October 18, 2026 for Directors and KMP.
• Company primarily deals in shares, futures and options.
• No subsidiary, associate or joint venture as of Sep 30, 2026.
• Regulatory status: RBI NBFC Base Layer classification.
• Provision for income tax not made due to the nature of the business.
• Unaudited results available on BSE and company website.
• No reportable operating segments per IND AS 108.

BFL Asset Finvest Limited: Trading Window closed from October 01, 2026 till the end of 48 hours after the declaration of Unaudited Financial Results for the quarter and half year ended on September 30, 2026 for the Designated Persons of the Company and their relatives

Appointment of Independent Director

• Appointment of Mr. Mudit Singhi as Non-Executive Independent Director for five years (Aug 7, 2026–Aug 6, 2031), AGM-approved.
• Mr. Mudit Singhi is not related to any of the Company's directors.

AGM Details

• AGM held on September 11, 2026 at 03:00 P.M. via VC/OAVM.

Key Resolutions

• Item 1: Ordinary—Adoption of Audited Financial Statements for FY2026; passed.
• Item 2: Ordinary—Reappointment of Mahendra Kumar Baid (MD) by rotation; passed.
• Item 3: Special—Appointment of Mudit Singhi as Independent Director; passed.

Voting Results

• Item 1: Passed with 100% in favour.
• Item 2: Passed with 100% in favour.
• Item 3: Passed with 100% in favour.

Dividend

• No dividend proposed or approved at the AGM.

Director Changes

• MD Mahendra Kumar Baid reappointed (rotating).

AGM details

• 31st AGM held Friday, 11 September 2026 via VC/OAVM.
• Mode: Video Conferencing and Other Audio Visual Means.
• Meeting duration: 03:00 PM to 03:34 PM IST.
• Remote e-voting window: 07–10 September 2026.
• Attendance: 44 members via VC.
• Results to be declared within two working days; Scrutinizer appointed.

Resolutions

• Ordinary: Adopt audited financial statements for 2025-26 with reports.
• Ordinary: Re-appoint Mahendra Kumar Baid as director (retiring by rotation).
• Special: Appoint Mudit Singhi as Independent Director.
• Voting outcomes not disclosed; results to be declared within two working days.

Directors

• Mudit Singhi appointed as Independent Director.
• Mahendra Kumar Baid re-appointed as Director (retiring by rotation).

Governance notes

• Statutory and Secretarial Auditors' reports contained no qualifications.

AGM notice and annual report access

• 31st AGM scheduled Sept 11, 2026 at 3:00 PM IST via VC/OAVM; no physical venue.
• Electronic copy of Annual Report FY2025-26 sent to shareholders with registered email addresses.
• Shareholders without registered emails can access the Annual Report at bflfin.com/annual-reports.
• Annual Report also available on BSE and CDSL websites.
• Remote e-voting from Sept 7, 2026 09:00 IST to Sept 10, 2026 17:00 IST; cut-off Sept 4, 2026.
• Members not recorded in cut-off date are information purpose only; those present may vote electronically.
• If needed, physical copies of the Annual Report can be requested by email to bfldevelopers@gmail.com.
• Shareholders should update email, contact, and bank details with the respective RTA or Depository Participants.

AGM Details

• AGM: 11 Sep 2026, 03:00 PM IST via VC/OAVM.
• Record date for e-voting: 04 Sep 2026.

Key Resolutions

• Ordinary: Adoption of audited financial statements.
• Ordinary: Reappointment of Mahendra Kumar Baid retiring by rotation.
• Special: Appointment of Mr. Mudit Singhi as Independent Director for five-year term.

Voting Results

• Voting results not disclosed in this filing.

Dividend

• Dividend: No dividend proposed or declared.

Financial snapshot

• Total income for FY2025-26: 1,861.04 Lakh, down from 2,141.98 Lakh.
• Profit before tax: negative 559.85 Lakh vs positive 165.20 Lakh prior year.
• Profit after tax: negative 557.66 Lakh, compared with 123.62 Lakh last year.
• Revenue from operations: 1,982.15 Lakh.

Capital structure & liquidity

• Borrowings (excluding debt securities): 1,425.87 Lakh as of 31-03-2026.
• Cash and cash equivalents: 8.01 Lakh at year-end.
• Total assets: 2,477.19 Lakh; Total equity: 1,042.47 Lakh.
• Net cash from operating activities: -1,078.56 Lakh; financing: +1,078.64 Lakh; net increase: 2.28 Lakh.

Dividend & capital allocation

• Dividend: no dividend declared for FY2025-26.
• Reserves: Surplus in P&L: -311.14 Lakh; total reserves: 22.12 Lakh.
• Rights issue: withdrawal approved on 07 Aug 2025; future rights issue possible.

Governance changes

• Mr. Mudit Singhi appointed Additional Director (Independent) on 07-Aug-2026; term 5 years.
• Mr. Amit Kumar Parashar resigned as Independent Director on 07-Aug-2026.
• Ms. Neha Mangnani resigned as Company Secretary on 30-Jun-2026; Ms. Darshika Khandelwal appointed 07-Aug-2026.
• Board size: six directors as of 2026.

Auditors & internal controls

• Statutory auditors: ABSM & Associates; five-year term to 2030.
• Secretarial auditor: M/s V. M. & Associates; Internal auditor: Shiv Shankar Khandelwal & Co.
• Internal controls considered adequate; MD & CFO certify financial reporting.

AGM details & governance disclosures

• 31st AGM to be held on Sept 11, 2026 via VC/OAVM.
• Remote e-voting from Sept 7-10, 2026; results to be announced within 2 working days.

Management discussion & outlook

• NBFC Base Layer status under RBI Scale Based Regulation; regulatory regime evolving.
• Outlook anchored in diversified NBFC/Capital Market opportunities and risk management emphasis.