BF Utilities Limited — Others, 05-05-2025: Shareholders meeting

BF Utilities has announced a board meeting via postal ballot to approve the re-appointment of Mr. B.S. Mitkari as Whole-time Director and CEO for 23 months from April 2025 to February 2027. With over 35 years of experience and a 24-year association with the company, Mitkari’s expertise in corporate laws, finance, and operations is deemed crucial for strategic leadership. His compensation includes a monthly salary of Rs.8.32 lakh plus an annual performance incentive of up to Rs.75 lakh and other benefits, reflecting the company’s commitment to retaining experienced management for sustained growth.