BFL Asset Finvest Limited AGM Scrutinizer's Report

Meeting Details

The 31st AGM was held on Friday, September 11, 2026 at 03:00 PM (IST) through Video Conference/Other Audio Visual Means (VC/OAVM).

Scrutinizer Appointment

Manoj Maheshwari (FCS 3355, CP No. 1971) of V.M. & Associates was appointed as scrutinizer by the Board of Directors at their meeting held on August 7, 2026 for both remote e-voting and e-voting conducted at the AGM.

Voting Process Details

Service Provider: Central Depository Services (India) Limited (CDSL) provided e-voting services through https://www.evotingindia.com

Shareholder Communication:

  • Notice of AGM dated August 7, 2026 was dispatched by email to 12,431 members on August 18, 2026
  • Physical letters with web-link were sent to 276 members without registered email IDs
  • Advertisement published in Financial Express (English) and Business Remedies (vernacular) newspapers on August 19, 2026

Key Dates:

  • Cut-off date for voting eligibility: September 4, 2026
  • Remote e-voting period: September 7, 2026 (09:00 AM) to September 10, 2026 (05:00 PM)
  • No e-voting conducted during the AGM itself

Share Capital Structure:

  • Total shareholders/folios: 12,677
  • Total outstanding shares: 1,02,03,500
  • Promoter and promoter group holding: 27,61,001 shares (27.06%)
  • Public others holding: 74,42,499 shares (72.94%)
  • No institutional public holders

Voting Results Summary

Overall Participation:

  • 50 shareholders participated in voting
  • 26,64,820 shares voted (26.1167% of total outstanding shares)
  • No invalid/abstain votes
  • No shareholder voted both remotely and at AGM

Item 1: Ordinary Resolution - Adoption of Financial Statements

To adopt Audited Financial Statements for FY ended March 31, 2026 with Board of Directors and Auditors reports

  • Votes in favor: 26,64,820 shares (100%)
  • Votes against: 0 shares (0%)
  • Promoter participation: 26,61,001 shares voted (96.3781% of promoter holding)
  • Public participation: 3,819 shares voted (0.05131% of public holding)

Item 2: Ordinary Resolution - Appointment of Director Liable to Retire by Rotation

Reappointment of Mr. Mahendra Kumar Baid (DIN: 00009828) as Managing Director

  • Votes in favor: 26,64,820 shares (100%)
  • Votes against: 0 shares (0%)
  • Promoter participation: 26,61,001 shares voted (96.3781% of promoter holding)
  • Public participation: 3,819 shares voted (0.05131% of public holding)

Item 3: Special Resolution - Appointment of Independent Director

Appointment of Mr. Mudit Singhi (DIN: 03171115) as Independent Director

  • Votes in favor: 26,64,820 shares (100%)
  • Votes against: 0 shares (0%)
  • Promoter participation: 26,61,001 shares voted (96.3781% of promoter holding)
  • Public participation: 3,819 shares voted (0.05131% of public holding)

Additional Information

The scrutinizer's report has been uploaded on the company website www.bflfin.com. Electronic voting records will be handed over to the Company Secretary for preservation after the Chairman approves and signs the AGM minutes.