Updates
BF Utilities Ltd has informed BSE that the Company is seeking approval of the Members under Section 81(1A) of the Companies Act, 1956, for issue of various securities to investors, including those who are not existing Shareholders. The aforesaid resolution is proposed to be passed through Postal Ballot under Section 192A of the Companies Act, 1956 read with Companies (Passing of Resolution by Postal Ballot) Rules, 2001.... Fixes Record Date for Scheme of Arrangement
BF Utilities Ltd has informed BSE that the "Record Date" for the purpose of determining shareholders of BF Utilities Ltd. (the Demerged Company) who are entitled to receive the New Equity Shares of BF Investment Ltd. (the Resulting Company) is fixed on March 12, 2010.As per Clause 12.2 of the Scheme, the Share Exchange Ratio is 1 (one) equity share of Rs. 5/- (Rupees Five only) each, credited as fully paid up of the Resulting Company (hereinafter... BF Utilities - Updates on Scheme of Arrangement
BF Utilities Ltd has informed BSE that on February 05, 2010, the Hon'ble Bombay High Court has passed an order approving the Composite Scheme of Arrangement between BF Utilities Ltd. ("Amalgamated Company" / "Demerged Company") and Bhalchandra Investment Ltd, Forge Investment Ltd, Mundhwa Investment Ltd, Jalakumbhi Investment and Finance Ltd, Jalakamal Investment and Finance Ltd, Kalyani Utilities Development Ltd ("Amalgamating Company") and BF Investment... BF Utilities - Financial Results for Dec 31, 2009
BF Utilities Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2009. BF Utilities - Outcome of Board Meeting
BF Utilities Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on January 28, 2010, subject to the required approvals being obtained, including approval of the Members of the Company, approved raising of resources upto Rupees One thousand five hundred Crores by issue of securities including equity or equity linked securities, whether by way of Qualified Institutional Placement to Qualified Institutional Buyers, American... BF Utilities - Financial Results for Sep 30, 2009
BF Utilities Ltd has informed BSE about the Audited Financial Results Year ended September 30, 2009. BF Utilities - Updates
BF Utilities Ltd has informed BSE that the Hon'ble Bombay High Court vide its order dated December 04, 2009 has fixed for hearing, the petition for Scheme of Arrangement under Section 391 to 394 of the Companies Act, 1956, on January 15, 2010. A Notice of hearing of petition, published in newspaper on December 10, 2009. (For more details kindly refer Corporate Announcement on www.bseindia.com) BF Utilities - Updates on Scheme of Arrangement
BF Utilities Ltd has informed BSE that the meeting of the Equity Shareholders of the Company convened and held November 21, 2009, pursuant to the order dated October 09, 2009 made by the Hon'ble High Court of Judicature at Bombay, has approved without any modification, the Composite Scheme of Arrangement between the Company, the Amalgamating Companies and the Resulting Company.... BF Utilities - Updates on Scheme of Arrangement
BF Utilities Ltd has informed BSE that by an Order made on the October 09, 2009, the Hon'ble High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of BF Utilities Ltd, (the Applicant Company) will be held on November 21, 2009, inter alia, to :1. Consider and, if thought fit, approve with or without modification(s), the proposed arrangement embodied in the Scheme of Arrangement between Bhalchandra Investment... BF Utilities - FY 09 results by Dec 31, 2009
BF Utilities Ltd has informed BSE that the Company has decided to publish Audited Financial Results within a period of 3 (three) months from the end of the last Quarter i.e.. by December 31, 2009. Therefore, the Company is not going to publish Unaudited Financial Results for the last Quarter.