BFL Asset Finvest Ltd

AGM notice and annual report access

• 31st AGM scheduled Sept 11, 2026 at 3:00 PM IST via VC/OAVM; no physical venue.
• Electronic copy of Annual Report FY2025-26 sent to shareholders with registered email addresses.
• Shareholders without registered emails can access the Annual Report at bflfin.com/annual-reports.
• Annual Report also available on BSE and CDSL websites.
• Remote e-voting from Sept 7, 2026 09:00 IST to Sept 10, 2026 17:00 IST; cut-off Sept 4, 2026.
• Members not recorded in cut-off date are information purpose only; those present may vote electronically.
• If needed, physical copies of the Annual Report can be requested by email to bfldevelopers@gmail.com.
• Shareholders should update email, contact, and bank details with the respective RTA or Depository Participants.

AGM Details

• AGM: 11 Sep 2026, 03:00 PM IST via VC/OAVM.
• Record date for e-voting: 04 Sep 2026.

Key Resolutions

• Ordinary: Adoption of audited financial statements.
• Ordinary: Reappointment of Mahendra Kumar Baid retiring by rotation.
• Special: Appointment of Mr. Mudit Singhi as Independent Director for five-year term.

Voting Results

• Voting results not disclosed in this filing.

Dividend

• Dividend: No dividend proposed or declared.

Financial snapshot

• Total income for FY2025-26: 1,861.04 Lakh, down from 2,141.98 Lakh.
• Profit before tax: negative 559.85 Lakh vs positive 165.20 Lakh prior year.
• Profit after tax: negative 557.66 Lakh, compared with 123.62 Lakh last year.
• Revenue from operations: 1,982.15 Lakh.

Capital structure & liquidity

• Borrowings (excluding debt securities): 1,425.87 Lakh as of 31-03-2026.
• Cash and cash equivalents: 8.01 Lakh at year-end.
• Total assets: 2,477.19 Lakh; Total equity: 1,042.47 Lakh.
• Net cash from operating activities: -1,078.56 Lakh; financing: +1,078.64 Lakh; net increase: 2.28 Lakh.

Dividend & capital allocation

• Dividend: no dividend declared for FY2025-26.
• Reserves: Surplus in P&L: -311.14 Lakh; total reserves: 22.12 Lakh.
• Rights issue: withdrawal approved on 07 Aug 2025; future rights issue possible.

Governance changes

• Mr. Mudit Singhi appointed Additional Director (Independent) on 07-Aug-2026; term 5 years.
• Mr. Amit Kumar Parashar resigned as Independent Director on 07-Aug-2026.
• Ms. Neha Mangnani resigned as Company Secretary on 30-Jun-2026; Ms. Darshika Khandelwal appointed 07-Aug-2026.
• Board size: six directors as of 2026.

Auditors & internal controls

• Statutory auditors: ABSM & Associates; five-year term to 2030.
• Secretarial auditor: M/s V. M. & Associates; Internal auditor: Shiv Shankar Khandelwal & Co.
• Internal controls considered adequate; MD & CFO certify financial reporting.

AGM details & governance disclosures

• 31st AGM to be held on Sept 11, 2026 via VC/OAVM.
• Remote e-voting from Sept 7-10, 2026; results to be announced within 2 working days.

Management discussion & outlook

• NBFC Base Layer status under RBI Scale Based Regulation; regulatory regime evolving.
• Outlook anchored in diversified NBFC/Capital Market opportunities and risk management emphasis.

Committee reconstitution

• Board reconstituted four committees on Aug 07, 2026 at the Jaipur office.
• Audit Committee chair: Mudit Singhi; members: Aditya Baid, Ajay Agarwal, Kuldeep Jain.
• Nomination and Remuneration Committee chair: Mudit Singhi; members: Aditya Baid, Ajay Agarwal, Kuldeep Jain.
• Stakeholders' Relationship Committee chair: Mudit Singhi; members: Aditya Baid, Ajay Agarwal, Kuldeep Jain.
• Risk Management Committee chair: Mahendra Kumar Baid (Managing Director); members: Aditya Baid, Mudit Singhi.

AGM details

• Board approved convening the 31st AGM on Sep 11, 2026 at 3:00 PM via VC/OAVM.

Resignation details

• Amit Kumar Parashar, Non-Executive Independent Director, resigns.
• Effective from the close of business hours on August 07, 2026.
• Reason: personal and other professional commitments.
• No other material reasons confirmed.
• Ceases as Chairman of Audit Committee.
• Ceases as Chairman of Nomination & Remuneration Committee.
• Ceases as Chairman of Stakeholders' Relationship Committee.
• Ceases as Member of Risk Management Committee.
• No listed entity directorships or committee memberships disclosed.

Board actions & governance

• Board approved unaudited standalone results for quarter ended 30-Jun-2026, subject to limited review.
• Results to be published with QR code in newspapers and uploaded on the company website.
• Ms. Darshika Khandelwal appointed Company Secretary & Compliance Officer, effective Aug 7, 2026.
• Mr. Mudit Singhi appointed Independent Director for five years, subject to shareholder approval.
• Amit Kumar Parashar resigned as Independent Director; ceases chair and committee memberships.
• Audit, Nomination & Remuneration, Stakeholders' Relationship, and Risk Management Committees reconstituted.
• 31st AGM approved for Sep 11, 2026 via VC/OAVM.
• Trading window reopens 48 hours after unaudited results declaration.

Financial results

• Unaudited standalone results for quarter ended 30-Jun-2026 prepared under IND AS 34.
• Company primarily deals in shares, futures and options; no separate operating segments.
• Results approved by Board and reviewed by Audit Committee.
• No loan assets were transferred or acquired via assignment in the quarter.
• Results available on BSE and the company's website.

Auditor's review

• ABSM & Associates conducted the review and reported no material misstatement.

Business focus

• Company's core activity is dealing in shares, futures and options.