BFL Asset Finvest Ltd — Others, 13-08-2025: Others
13-08-2025 | 02:40 pm
13-08-2025 | 02:40 pm
BFL Asset Finvest has submitted its Annual Report for FY25 and will hold its 30th Annual General Meeting virtually on September 9. For FY25, the company reported total revenue of Rs. 21.42 Cr, down from Rs. 27.41 Cr last year, with profit after tax falling to Rs. 1.24 Cr from Rs. 2.30 Cr. Shareholders will consider re-appointing director Aditya Baid and Managing Director Mahendra Kumar Baid for a fresh term at a maximum monthly remuneration of Rs. 8 lakh. The board also seeks approval for new statutory and secretarial auditors. A rights issue of up to Rs. 29 Cr is planned, pending regulatory approval. The company is addressing minor compliance issues noted in the Secretarial Audit regarding UPSI documentation.
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