BFL Asset Finvest logo

BFL Asset Finvest MD, chairman, board of directors and AGM

BSE: 539662FinanceSmall Cap

Last close ₹6.40up ₹0.07 (1.11%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹6.33.

52-week range of traded prices to 23 Oct 2026
₹5.29Low, 6 Jul 2026₹13.95High, 11 Nov 2025
Market cap
₹6.53 Cr4,714th largest listed
P/E
Lossover the last 12 months
P/B
0.4
Dividend yield
Nonein the last 12 months
ROE
−17.3%
ROCE
−6.4%
Debt to equity
0.93
Volume, BSE
3,932

BFL Asset Finvest board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorMAHENDRA KUMAR BAIDRelated to the promoter

6 directors3 independent1 executive2 non-executive

  • MAHENDRA KUMAR BAID · Chairperson and managing directorExecutive · joined Aug 2005 · reappointed Jul 2026 · 1 listed board
  • ADITYA BAIDNon-executive · joined Mar 2020 · 1 listed board · 2 committee seats
  • ALPANA BAIDNon-executive · joined Jun 2022 · 2 listed boards
  • KULDEEP JAINIndependent · joined Aug 2018 · reappointed Aug 2023 · 99 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • AJAY AGARWALIndependent · joined Aug 2024 · reappointed Aug 2024 · 26 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • MUDIT SINGHIIndependent · joined Aug 2026 · reappointed Aug 2026 · 1 month as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • AMIT KUMAR PARASHAR, left 7 Aug 2026: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 7 Aug 20265 of 6 present2 independent · 77 days in between
    • 21 May 20265 of 6 present3 independent
  • Audit Committee

    Chair MUDIT SINGHI

    KULDEEP JAIN, ADITYA BAID, AJAY AGARWAL

    • 7 Aug 20263 of 4 present2 independent · 77 days in between
    • 21 May 20263 of 4 present3 independent
  • Nomination and remuneration committee

    Chair MUDIT SINGHI

    KULDEEP JAIN, ADITYA BAID, AJAY AGARWAL

    • 7 Aug 20263 of 4 present2 independent · 77 days in between
    • 21 May 20263 of 4 present3 independent
  • Stakeholders Relationship Committee

    Chair MUDIT SINGHI

    KULDEEP JAIN, ADITYA BAID, AJAY AGARWAL

    • 7 Aug 20263 of 4 present2 independent · 77 days in between
    • 21 May 20263 of 4 present3 independent
  • Risk Management Committee

    Chair MAHENDRA KUMAR BAID

    ADITYA BAID, MUDIT SINGHI

    • 7 Aug 20263 of 3 present1 independent · 77 days in between
    • 21 May 20262 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

BFL Asset Finvest AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.BFL Asset Finvest dividend history

Annual general meeting, 11 Sep 2026

12,677 shareholders on the register on 4 Sep 2026; present: 7 promoters and 37 others; votes counted by MANOJ MAHESHWARI / V. M.& ASSOCIATES.The company's voting result (opens in a new tab)

  1. To adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 26.12% · promoters 96.38% · institutions 0.00% · other public 0.05%

  2. To appoint a Director in place of Mr. Mahendra Kumar Baid (DIN: 00009828), Managing Director of the Company, who retires by rotation at this meeting and being eligible, has offered himself for re-appointment.MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 26.12% · promoters 96.38% · institutions 0.00% · other public 0.05%

  3. To appoint Mr. Mudit Singhi (DIN: 03171115) as Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 26.12% · promoters 96.38% · institutions 0.00% · other public 0.05%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
No
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.