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Shashank Gupta

4th Mar · SEBI-Registered Analyst

BFINVEST

BF Investment Limited informed NSE and BSE about its non-compliance with Regulation 17(1) of SEBI Listing Regulations due to the absence of an independent woman director on its Board following a resignation. NSE and BSE levied fines of ₹2,71,400 each (inclusive of GST), which the company paid on March 2, 2026, without delay. The company is actively identifying a suitable candidate to fill the vacancy and ensure compliance with the regulations. The communication regarding the non-compliance was received on February 27, 2026, after working hours, and the payment was made promptly on the next working day. The company confirmed that the non-compliance has no material impact on its financials, operations, or other activities.

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