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Incorporated in 2000, BF Utilities Ltd is engaged in the generation of electricity through wind mills and Infrastructure activities.
BF Utilities received fines of Rs. 70,800 and Rs. 442,500 from exchanges for delayed financial results submission and board composition non-compliance. The company has since published the results and appointed an Independent Woman Director, resolving these issues.
BF Utilities highlights a special window for investors to transfer and dematerialize physical shares bought before April 2019. Open for one year, transferred shares will be mandatorily dematerialized and locked-in for one year, aiding secure ownership.
BF Utilities opens a special one-year window for investors to transfer and dematerialize physical shares bought before April 2019. This aids securing investor rights and re-submitting past rejected transfers. Shares will be demat and subject to a one-year lock-in period.
BF Utilities is now subject to a Shareholders Agreement between Bharat Forge Group and an investor. This restricts BF Utilities from engaging in the ferrous casting business in India, except through JS Auto, a step-down subsidiary. Opportunities outside India can be explored if rejected by JS Auto.
BF Utilities has scheduled its 25th Annual General Meeting (AGM) virtually to discuss the FY24-25 Annual Report. Shareholders will receive electronic access to meeting documents.