BFL Asset Finvest Ltd (539662)

BFL Asset Finvest Limited has issued a communication to shareholders regarding its 31st Annual General Meeting (AGM), scheduled for Friday, September 11, 2026, via Video Conferencing. The company has dispatched intimations with web links for accessing the FY2025-26 Annual Report to members whose email addresses are not registered with the RTA/depositories. The cut-off date for voting eligibility is September 04, 2026. The remote e-voting period commences at 09:00 AM on September 07, 2026, and concludes at 05:00 PM on September 10, 2026.

• 31st AGM scheduled to be held on Friday, September 11, 2026 at 3:00 P.M. IST via VC/OAVM
• Cut-off date to determine voting entitlement is Friday, September 04, 2026
• Remote e-voting window runs from 09:00 A.M. on September 07, 2026 to 05:00 P.M. on September 10, 2026
• Communication dispatched to unregistered email holders providing web access to the FY2025-26 Annual Report

BFL Asset Finvest Limited has issued the notice for its 31st Annual General Meeting (AGM) to be held on Friday, September 11, 2026, via Video Conferencing. Key agenda items include the adoption of audited financial statements for FY 2025-26 and the re-appointment of Managing Director Mr. Mahendra Kumar Baid. Additionally, shareholders will vote on the appointment of Mr. Mudit Singhi as an Independent Director for a 5-year tenure effective August 7, 2026, to August 6, 2031.

• 31st Annual General Meeting scheduled for Friday, September 11, 2026, at 03:00 PM IST via VC/OAVM
• Special resolution proposed to appoint Mr. Mudit Singhi as Independent Director for a 5-year term from August 07, 2026, to August 06, 2031
• Ordinary resolution proposed for the re-appointment of Managing Director Mr. Mahendra Kumar Baid, retiring by rotation
• Managing Director remuneration proposed with a ceiling limit of Rs. 8,00,000/- per month compared to Rs. 4,00,000/- per month drawn previously

BFL Asset Finvest Limited has submitted its Annual Report for FY 2025-26 along with the notice for its 31st Annual General Meeting scheduled for September 11, 2026. Key ratio disclosures show FY26 Debt-Equity increased to 1.37 from 0.18 in FY25, while Return on Equity dropped to -53.49% compared to 7.73% in FY25. Capital adequacy (CRAR) decreased from 83.36% to 42.19% due to net losses eroding net worth. The company also detailed the appointment of Mudit Singhi as an Independent Director.

• 31st Annual General Meeting scheduled for Friday, September 11, 2026 via Video Conferencing.
• Debt-to-Equity ratio rose to 1.37 times in FY26 from 0.18 times in FY25.
• Return on Equity dropped to -53.49% in FY26 compared to 7.73% in FY25 due to net losses.
• CRAR (Tier I Capital) stood at 42.19% in FY26 compared to 83.36% in FY25.
• Mudit Singhi appointed as Independent Director for a 5-year term from August 07, 2026.

BFL Asset Finvest has reorganized its four primary board committees following a meeting on August 07, 2026. Mudit Singhi, an Additional Independent Director, has been appointed as the Chairman of the Audit, Nomination & Remuneration, and Stakeholders’ Relationship committees. This administrative update comes as the company manages a small market capitalization of Rs 8 Cr and a TTM net loss of Rs 6 Cr. While the changes ensure regulatory compliance, they do not represent a shift in the company's underlying financial position.

• Reconstitution of 4 key board committees: Audit, NRC, SRC, and Risk Management
• Mudit Singhi, an Additional Independent Director, now chairs 3 out of 4 committees
• The board meeting was conducted in 30 minutes, from 03:30 P.M. to 04:00 P.M.
• Mahendra Kumar Baid (Managing Director) remains Chairman of the Risk Management Committee

BFL Asset Finvest Ltd has announced its 31st Annual General Meeting (AGM) to be held on September 11, 2026, via video conferencing. This routine administrative filing comes at a time when the company is facing financial headwinds, having reported a net loss of ₹5.58 crore for FY26 compared to a profit of ₹1.24 crore in FY25. With a small market capitalization of ₹8 crore and a significant 12-month price decline of 41.9%, the AGM will be a key forum for shareholders to understand the management's recovery strategy.

• 31st Annual General Meeting scheduled for September 11, 2026, at 03:00 P.M.
• Board meeting approving the AGM was conducted on August 07, 2026, between 03:30 P.M. and 04:00 P.M.
• Company reported a net loss of ₹5.58 crore for the full year FY26.
• Promoter holding remains stagnant at 27.06% as of June 2026.
• Market capitalization is currently at a micro-cap level of ₹8 crore.

Mr. Amit Kumar Parashar has resigned as an Independent Director of BFL Asset Finvest Ltd, effective August 07, 2026. He held critical governance roles as the Chairman of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee. The company, a micro-cap NBFC with a market cap of just ₹8 Cr, is currently facing financial stress with a TTM net loss of ₹6 Cr. The board will need to appoint a replacement to ensure compliance with SEBI committee composition requirements.

• Resignation effective from the closure of business hours on August 07, 2026
• Vacated chairmanship of 3 key board committees: Audit, NRC, and Stakeholders' Relationship
• Company reported a significant quarterly net loss of ₹8.36 Cr for the period ending March 2026
• Market capitalization is currently ₹8 Cr against a TTM revenue of ₹19 Cr
• Director confirmed no other material reasons for resignation beyond personal and professional commitments

BFL Asset Finvest Ltd has appointed Ms. Darshika Khandelwal as Company Secretary and Compliance Officer (Key Managerial Personnel) effective August 07, 2026. The appointee is an Associate Member of ICSI with approximately 3 years of experience in corporate laws and loan documentation. This is a routine regulatory appointment for the micro-cap NBFC, which currently has a market capitalization of just Rs 8 Cr and reported a net loss of Rs 5.58 Cr for FY26.

• Appointment of Ms. Darshika Khandelwal effective from August 07, 2026
• Appointee brings approximately 3 years of experience in Corporate and Securities Laws
• Board meeting for approval conducted between 03:30 P.M. and 04:00 P.M. on August 07, 2026
• Company reported a significant quarterly net loss of Rs 8.36 Cr in March 2026

BFL Asset Finvest Ltd has appointed Ms. Darshika Khandelwal as the Company Secretary and Compliance Officer (Key Managerial Personnel) effective August 07, 2026. Ms. Khandelwal is a qualified CS with approximately 3 years of experience in corporate laws and regulatory affairs. This appointment comes at a time when the micro-cap NBFC (Market Cap: Rs 8 Cr) is struggling financially, reporting a TTM net loss of Rs 6 Cr and a significant 41.9% share price decline over the past year.

• Appointment of Ms. Darshika Khandelwal as CS and Compliance Officer effective August 07, 2026
• Appointee brings approximately 3 years of experience in Corporate and Securities Laws
• Board meeting for approval concluded within 30 minutes (03:30 P.M. to 04:00 P.M.)
• Company reported a substantial net loss of Rs 8.36 Cr in the quarter ending March 2026
• Promoter holding remains stagnant at 27.06% as of June 2026

BFL Asset Finvest has appointed Mr. Mudit Singhi as an Additional Non-Executive Independent Director effective August 07, 2026. The appointment is for a five-year term, subject to shareholder approval. Mr. Singhi brings over 15 years of experience in corporate finance and business strategy to the board. This management update occurs as the company navigates a challenging financial period, having reported a TTM net loss of Rs 6 Cr and a 41.9% share price decline over the past year.

• Appointment of Mr. Mudit Singhi effective from August 07, 2026
• Fixed term of 5 consecutive years, pending shareholder approval
• Appointee brings over 15 years of experience in financial management and corporate finance
• Company market capitalization stands at a micro-cap level of Rs 8 Cr
• Recent quarterly performance showed a net loss of Rs 8.36 Cr for March 2026

BFL Asset Finvest Ltd has reconstituted four key board committees following a board meeting held on August 07, 2026. Mr. Mudit Singhi, an Additional Independent Director, has been appointed as the Chairman of the Audit, Nomination and Remuneration, and Stakeholders' Relationship committees. This administrative update follows a challenging financial period where the company reported a TTM loss of ₹6 crore on a revenue of ₹19 crore. The company remains a micro-cap entity with a market capitalization of approximately ₹8 crore.

• 4 board committees reconstituted: Audit, Nomination & Remuneration, Stakeholders' Relationship, and Risk Management
• Mr. Mudit Singhi, an Additional Independent Director, now chairs 3 of the 4 committees
• Board meeting conducted within a 30-minute window from 03:30 P.M. to 04:00 P.M. on August 07, 2026
• Company reported a significant net loss of ₹8.36 crore in the March 2026 quarter

BFL Asset Finvest Ltd has appointed Ms. Darshika Khandelwal as its Company Secretary and Compliance Officer (Key Managerial Personnel) effective August 07, 2026. The appointment was approved in a board meeting held on the same day. Ms. Khandelwal is an Associate Member of ICSI with approximately 3 years of experience in corporate and securities laws. This is a routine administrative appointment for the micro-cap NBFC, which currently has a market capitalization of only Rs 8 Cr and reported a TTM loss of Rs 6 Cr.

• Appointment of Ms. Darshika Khandelwal effective from August 07, 2026
• Appointee possesses approximately 3 years of experience in corporate secretarial practices
• Board meeting for approval conducted within 30 minutes (03:30 P.M. to 04:00 P.M.)
• Company is a micro-cap NBFC with a market capitalization of Rs 8 Cr
• TTM PAT stands at a loss of Rs -6 Cr as of the latest financial context