Financial Results Approval
The Board approved the Un-Audited Financial Results for the Quarter ended June 30, 2026 pursuant to Regulation 33 of Listing Regulations. The results were reviewed by the Audit Committee and subjected to limited review by the statutory auditors.
Key Financial Figures (Standalone, Unaudited)
- Total Income: ₹1,39,953 (previous quarter: not provided for comparison)
- Total Expenses: ₹1,39,961 (previous quarter: ₹509.07)
- Profit/Loss before tax: ₹(1,249.92) [loss of ₹1.25 crore] (previous quarter: ₹(835.89) [loss of ₹0.84 crore])
- Tax expenses: Not provided (disclosure states "Provision for Income tax has not been made considering the nature of business")
- Net Profit/Loss for the period: ₹(1,249.92) [loss of ₹1.25 crore] (previous quarter: ₹(835.89) [loss of ₹0.84 crore])
- Earnings Per Share (EPS): Basic and diluted ₹(8.9) (not annualized)
- Paid-up equity share capital: ₹1,020.35 (Face Value ₹10 per share)
- Reserves excluding Revaluation Reserves: ₹1,225
Management Appointments
1. Ms. Darshika Khandelwal (ICSI Membership No. A72945) appointed as Company Secretary and Compliance Officer with effect from August 7, 2026, pursuant to Section 203 of Companies Act, 2013 and Regulation 6(1) of Listing Regulations.
2. Mr. Mudit Singhi (DIN: 03171115) appointed as Additional Director (Non-Executive, Independent) based on Nomination and Remuneration Committee recommendation, effective August 7, 2026, for a term of five years subject to shareholder approval.
Director Resignation
Mr. Amit Kumar Parashar (DIN: 07891761) resigned as Independent Director effective closure of business hours on August 7, 2026 due to preoccupation with personal and other professional commitments. Consequently, he ceased to be Chairman of the Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee and Member of the Risk Management Committee.
Committee Reconstitution
The Board approved reconstitution of the Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee and Risk Management Committee effective August 7, 2026, following the appointment of Mr. Mudit Singhi and resignation of Mr. Amit Kumar Parashar.
Annual General Meeting
The 31st Annual General Meeting (AGM) will be convened on Friday, September 11, 2026 through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The Notice of AGM and matters incidental thereto were approved.
Trading Window Closure
The Trading Window for trading in the company's shares shall re-open after 48 hours of declaration of Un-Audited Financial Results for the quarter ended June 30, 2026 for Designated Persons and their relatives.
Regulatory Compliance and Framework
- The company is classified as a "Base Layer" NBFC pursuant to RBI's scale-based regulation framework (RBI/DOR/2025-26/338 dated November 28, 2025)
- The company follows RBI Directions on Financial Statements Presentation and Disclosures (RBI/DOR/2025-26/359) and Transfer and Distribution of Credit Risk (RBI/DOR/2025-26/352)
- No loan transfers/acquisitions through assignment during the quarter ended June 30, 2026
- No outstanding portfolio loans, hence no provision for ECL made
- No income tax provision made considering nature of business
Financial Statement Basis
The unaudited standalone financial results were prepared in accordance with Indian Accounting Standard (IND AS) 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 and Regulation 33 of SEBI Listing Regulations.
Auditor Review
The financial results were subjected to limited review by ABSM & Associates, Chartered Accountants, who issued a review report stating nothing has come to their attention that causes them to believe the statement contains any material misstatement.
Disclosure Requirements
The extract of financial results containing QR code will be published in one English and one vernacular newspaper as required under Regulation 47. The results are also being uploaded on the company's website www.bflfin.com as required under Regulation 46.