BF Utilities Pays ₹5.43 Lakh Fine to Stock Exchanges for Board Composition Non-Compliance
BF Utilities Limited paid ₹5,42,800 in total fines to NSE and BSE for board composition violations, specifically failing to appoint an Independent Woman Director. The company paid ₹2,71,400 to each exchange on March 02, 2026, ahead of the March 14, 2026 deadline. BF Utilities is actively searching for a suitable candidate to fill the vacancy and has confirmed no material impact on its financial or operational activities.
