BF Investment Limited — Important, 04-11-2024: Updates

BF Investment Limited's Board acknowledged non-compliance with SEBI regulations regarding Board composition for the quarter ending June 30, 2024, leading to a fine of ₹171,100. The delay was deemed unintentional, and the board emphasized the need for strict adherence to timelines. They appointed Mr. Viraj Kulkarni as Independent Director on April 30, 2024, and submitted a request for waiver of the penalty to the exchanges.