BF Investment Limited Board Confirms Compliance Status Following Non-Compliance Notice
BF Investment Limited announced on May 29, 2026, that its Board of Directors concluded that the company is currently in full compliance with Regulation 17(1) of the Listing Regulations. The statement addressed notices regarding non-compliance related to the composition of the Board, specifically the appointment of an Independent Woman Director, for the quarter ended March 31, 2026.The company's board reviewed the fine notice concerning the failure to appoint an Independent Woman Director for the relevant quarter. The Board noted that the company had taken corrective action, having already appointed a Non-Executive Independent Woman Director who is not liable to retire by rotation. This appointment was effective from March 17, 2026, and was also approved by the members.
The notice attached by the National Stock Exchange of India (NSE) detailed the proposed fine for the non-compliance. The penalty calculations for Regulation 17(1) concerning the quarter ended March 31, 2026, are outlined below:
| Regulation | Quarter | Fine Amount (Rs.) | Non-Compliance Period | Fine Amount (Rs.) |
|---|---|---|---|---|
| REGULATION 17(1) | 31-Mar-2026 | 5000 | 75 days | 375,000 |
Adding applicable taxes, the total fine payable was calculated as follows:
| Description | Amount (Rs.) |
|---|---|
| Total Fine | 375,000 |
| GST @18% | 67,500 |
| Total Fine Payable (Inclusive of GST) | 442,500 |
BFINVEST Stock Price Movement
Today, BF Investment Limited shares edged higher, settling at ₹431.15 after gaining 5.99% on the close. Trading remained robust today, supported by a total traded volume of 619,076 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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