Business Responsibility and Sustainability Report for FY 2025-26

BF UTILITIES CIN : L40108PN2000PLC015323 BFUL/NSE/BSE/ November 04, 2026 National Stock Exchange of India Ltd. Bombay Stock Exchange Ltd. Exchange Plaza, Bandra-Kurla Complex Phiroze Jeejeebhoy Tower Bandra (E), Dalal Street, Mumbai – 400 051 Mumbai – 400 001. SYMBOL – BFUTILITIE Scrip Code – 532430 ISIN No - INE243D01012 Dear Sir/Ma’am, Sub: Business Responsibility and Sustainability Report for the financial year 2025-26 Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Business Responsibility and Sustainability Report (“BRSR”) for the financial year 2025-26 which forms an integral part of the Annual Report of the Company for the financial year 2025-26. The same is also available on the Company’s website at the following link: Click here Kindly take the same on record. Thanking you, Yours Faithfully, For BF Utilities Limited Pragati S. Rai Company Secretary Email: Secretarial@bfutilities.com Encl: As above BF UTILITIES LIMITED, MUNDHWA, PUNE CANTONMENT, PUNE 411 036, MAHARASHTRA, INDIA Phone: +91 7719004777 I Email: Secretarial@bfutilities.com I Website: www.bfutilities.com AANNEXURE -X BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORTING SECTION A: GENERAL DISCLOSURES I. Details of the listed entity 1 Corporate Identity Number (CIN) of the Listed Entity L40108PN2000PLC015323 2 Name of the Listed Entity BF UTILITIES LIMITED 3 Year of incorporation 15-09-2000 4 Registered office address MUNDHWA PUNE 411036 5 Corporate address MUNDHWA PUNE 411036 6 E-mail secretarial@bfutilities.com 7 Telephone 7719004777 8 Website www.bfutilities.com 9 Financial year for which reporting is being done April 01, 2025 to March 31, 2026 10 Name of the Stock Exchange(s) where shares are listed BSE LTD. AND NATIONAL STOCK EXCHANGE OF INDIA LTD. 11 Paid-up Capital (In Rs) Rs. 188,338,140/- 12 Name and contact details (telephone, email address) of Mr. B. S. MITKARI the person who may be contacted in case of any queries on Company Secretary; the BRSR report Ms. Pragati S. Rai Compliance Officer Contact : 7719004777 Email : Secretarial@bfutilities.com 13 Reporting boundary - Are the disclosures under this report Standalone basis made on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together). 14. Name of assurance provider NA 15. Type of assurance obtained NA II. Products/Services 16. Details of business activities (accounting for 90% of the turnover) S. Description of Main Activity Description of Business Activity % of Turnover No. of the entity 1 Power generation Wind power generation 100.00% 17. Products/Services sold by the entity (accounting for 90% of the entity's Turnover) S. Product/Service NIC Code % of total Turnover No. contributed 1 Wind Power 27160000 95.00% 2 Renewable Energy Certificate 490700 5.00% III. Operations 18. Number of locations where plants and/or operations/offices of the entity are situated Location Number of plants Number of offices Total National 1 1 2 International 0 0 0 80 BF UTILITIES LIMITED annual report 2025-2026 119 Markets served by the entity a. Number of locations Locations Number National (No. of States) 1 International (No. of Countries) 0 b. What is the contribution of exports as a percentage of 0.00% the total turnover of the entity? C. A brief on types of customers BF Utilities Limited serves B2B customer namely Bharat Forge Ltd. for meeting their energy requirements for the plants located in state of Maharashtra. IV. Employees 20 Details as at the end of Financial Year A. Employees and workers (including differently abled) S. Particulars Total Male Female No. (A) No. % No. % (B) (B / A) (C) (C / A) EMPLOYEES 1 Permanent (D) 7 4 57.14% 3 42.86% 2 Other than permanent (E) 0 0 0.00% 0 0.00% 3 TTotal employees(D + E) 7 4 57.14% 3 42.86% WORKERS 4 Permanent (F) 0 0 0.00% 0 0.00% 5 Other than permanent (G) 0 0 0.00% 0 0.00% 6 TTotal workers (F + G) 0 0 0.00% 0 0.00% B. Differently abled Employees and workers: S. Particulars Total Male Female No. (A) No. % No. % (B) (B / A) (C) (C / A) DIFFERENTLY ABLED EMPLOYEES 1 Permanent (D) 0 0 0.00% 0 0.00% 2 Other than Permanent (E) 0 0 0.00% 0 0.00% 3 Total differently abled employees (D + E) 0 0 0.00% 0 0.00% DIFFERENTLY ABLED WORKERS 4 Permanent (F) 0 0 0.00% 0 0.00% 5 Other than Permanent (G) 0 0 0.00% 0 0.00% 6 Total differently abled workers (F + G) 0 0 0.00% 0 0.00% BF UTILITIES LIMITED annual report 2025-2026 81 221 Participation/Inclusion/Representation of women Total (A) No. and percentage of Females No. (B) % (B / A) Board of Directors 6 1 16.67% Key Management Personnel 2 1 50.00% 22 Turnover rate for permanent employees and workers (Disclose trends for the past 3 years) Turnover rate in Turnover rate in Turnover rate in the year current FY (2025-26) previous FY (2024-25) prior to the previous FY (2023-24) Male Female Other Total Male Female Other Total Male Female Other Total Permanent Employees 20.00% 0.00% 0.00% 20.00% 20.00% 0.00% 0.00% 20.00% 0.00% 0.00% 0.00% 0.00% Permanent Workers 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% V. Holding, Subsidiary and Associate Companies (including joint ventures) 23 (a) Names of holding / subsidiary / associate companies / joint ventures Holding, Subsidiary and Associate Companies (including joint ventures) S. Name of the holding / Indicate whether % of Does the entity No. subsidiary/associate holding/ shares indicated at column A, companies/joint Subsidiary/ held participate in the ventures (A) Associate/ by listed Business Responsibility Joint Venture entity initiatives of the listed entity? (Yes/No) 1 Nandi Infrastructure Subsidiary 74.52% No Corridor Enterprise Ltd. 2 Nandi Economic Corridor Subsidiary 42.16% No Enterprises Ltd. 3 Nandi Highway Subsidiary 69.53% No Developers Ltd. 4 BFUL Resources Pvt. Ltd. . Subsidiary 100.00% No VI. CSR Details 24 (i) Whether CSR is applicable as per section 135 of Companies Act, No 2013: (Yes/No) (ii) Turnover (in Rs.) Rs. 33,34,24,767/- (iii) Net worth (in Rs.) Rs. 1,66,57,72,502/- 82 BF UTILITIES LIMITED annual report 2025-2026 VVII. Transparency and Disclosures Compliances 25 Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct FY (2025-26) PY (2024-25) Stakeholder group Grievance Number of Number of Remarks Number of Number of Remarks from whom complaint Redressal complaints complaints complaints complaints is received Mechanism in filed pending filed pending Place (Yes/No) during resolution during resolution (If Yes, then the year at close of the year at close of provide web- the year the year link for grievance redress policy) Communities NO 0 0 Nil 0 0 Nil Investors (other than shareholders) NO 0 0 Nil 0 0 Nil Shareholders YES* 5 0 Nil 4 0 Nil Employees and workers YES# 0 0 Nil 0 0 Nil Customers NO 0 0 Nil 0 0 Nil Value Chain Partners NO 0 0 Nil 0 0 Nil Other (please specify) NA NA NA NA NA NA NA * http://www.bfutilities.com/investors-grievance.php # http://www.bfutilities.com/pdf/Policies%20and%20Terms/Whisle%20Blower%20Policy.pdf 26 Overview of the entity's material responsible business conduct issues Please indicate material responsible business conduct and sustainability issues pertaining to environmental and social matters that present a risk or an opportunity to your business, rationale for identifying the same, approach to adapt or mitigate the risk along-with its financial implications, as per the following format S. Material Indicate Rationale for In case of risk, Financial No. issue whether identifying the approach to implications of identified risk or risk / opportunity adapt or the risk or opportunity mitigate opportunity (R/O) (Indicate positive or negative implications) 1 Green energy O Company is in Wind NA Positive Energy business 2 Climate Strategy O Transi [Showing first 8,000 characters — download PDF for full document]