Annual Report for the Financial Year 2025-26 along with Notice of 31st Annual General Meeting of the Company.

BFL ASSET FINVEST LIMITED Regd. Office: 1, Tara Nagar, Ajmer Roa d, Jaipur - 302 006, Ph.: 9214018877 CIN: L45201RJ1995PLC010646, Website: www.bflfin.com, E-mail: bfldevelopers@gmail.com Ref. No.: BFL/2026-27/34 Date: August 18, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street Mumbai-400001 (Maharashtra) Scrip Code: 539662 Sub: Submission of Annual Report for the Financial Year 2025-26 along with Notice of 31st Annual General Meeting of the Company. Dear Sir / Ma’am, Pursuant to the Regulation 34 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as “Listing Regulations”), please find attached herewith a copy of Annual Report for the Financial Year 2025-26 along with Notice of 31st Annual General Meeting of the members of the Company to be held on Friday, September 11, 2026 at 03:00 P.M. (IST) onwards through Video Conferencing (“VC”) /Other Audio Visual Means (“OAVM”), in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI Listing Regulations. Further, in terms of Regulation 46 of Listing Regulations, the Annual Report along with the Notice of Annual General Meeting is also available on the website of the Company at https://bflfin.com/annual- reports/ . The Company has sent today, i.e. Tuesday, August 18, 2026, electronic copy of the Notice of the 31st Annual General Meeting along with Annual Report for Financial Year 2025-26 via e-mail to those members who have registered their email addresses with the Company/Depository Participant(s)/Registrar and Share Transfer Agent of the Company. Further, in respect of those members whose e-mail addresses are not registered, the Company has dispatched a physical communication containing the web link of the Company's website from where the Notice of the AGM and the Annual Report for the Financial Year 2025-26 can be accessed. We request you to take above information on record. Thanking you, Yours Sincerely, For BFL ASSET FINVEST LIMITED MAHENDRA KUMAR BAID MANAGING DIRECTOR DIN: 00009828 Encl: A/a ANNUAL REPORT 2025-26 BFL ASSET FINVEST LIMITED Registered Office: 1, Tara Nagar, Ajmer Road, Jaipur-302006 (Rajasthan) E-mail: bfldevelopers@gmail.com, CIN: L45201RJ1995PLC010646, Website: www.bflfin.com, Phone: 9214018855 0 | P age CONTENTS Corporate Information 3-5 Notice of 31st Annual 6-25 General Meeting Statutory Reports Board’s Report 27-57 Management Discussion and 58-69 Analysis Report Corporate Governance 70-117 Report Financial Statements 118 Independent Auditors 119-132 Report Balance Sheet 133-134 Statement of Profit and Loss 135-136 1 | P age Cash Flow Statement 137-139 Notes to Financial 140-179 Statements 2 | P age Corporate Information Board of Directors MAHENDRA KUMAR BAID ALPANA BAID DIN: 00009828 DIN: 06362806 Managing Director Non-Executive Director ADITYA BAID AJAY AGARWAL DIN: 03100584 DIN: 10727170 Non-Executive Director Non-Executive and Independent Director AMIT KUMAR PARASHAR* KULDEEP JAIN DIN: 07891761 DIN: 08189540 Non-Executive and Independent Non-Executive and Independent Director Director MUDIT SINGHI# DIN: 03171115 Additional Director (Non-Executive, Independent) Board Committees Audit Committee Nomination and Remuneration Committee Mr. Amit Kumar Chairman Mr. Amit Kumar Chairman Parashar* Parashar* Mr. Mudit Singhi# Chairman Mr. Mudit Singhi# Chairman Mr. Aditya Baid Member Mr. Aditya Baid Member Mr. Ajay Agarwal Member Mr. Ajay Agarwal Member Mr. Kuldeep Jain Member Mr. Kuldeep Jain Member 3 | P age Stakeholders’ Relationship Risk Management Committee Committee Mr. Amit Kumar Chairman Mr. Mahendra Chairman Parashar* Kumar Baid Mr. Mudit Singhi# Chairman NA NA Mr. Aditya Baid Member Mr. Aditya Baid Member Mr. Ajay Agarwal Member Mr. Amit Kumar Member Parashar* Mr. Kuldeep Jain Member Mr. Mudit Singhi# Member *Mr. Amit Kumar Parashar resigned from the office of Independent Director of the Company due to pre-occupation with personal and other professional commitments w.e.f. the closure of business hours on Friday, August 07, 2026. Mr. Mudit Singhi was appointed as Additional Director (Non-Executive, Independent) by the Board of Directors of the Company at its meeting held on Friday, August 07, 2026 and was designated as the Chairman of the Audit Committee, Nomination and Remuneration Committee, Stakeholders’ Relationship Committee and Member of Risk Management Committee w.e.f. Friday, August 07, 2026. Key Managerial Personnel Ravi Bohra Neha Mangnani* Chief Financial Officer Company Secretary and Compliance Officer Membership Number: A72679 Darshika Khandelwal** Company Secretary and Compliance Officer Membership Number: A72945 *Ms. Neha Mangnani, Company Secretary and Compliance Officer of the company resigned from the company w.e.f. closure of business hours on June 30, 2026 to pursue better career opportunities outside the Company. Consequently, she ceased from the position of Key Managerial Personnel after the said date. **Ms. Darshika Khandelwal, was appointed as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the company w.e.f August 07, 2026. 4 | P age Auditors Statutory Auditors Secretarial Auditors M/s. ABSM & Associates, M/s V.M. & Associates, Chartered Accountants, Jaipur Company Secretaries, Jaipur (FRN: 015966C) (FRN: P1984RJ039200) Add: 2nd Floor, 314, Shree Gopal Nagar, Above Add: 403, Royal World, Sansar Chandra Road, HDFC Bank, Jaipur, Rajasthan - 302019 Jaipur-302001 (Rajasthan) E-mail ID: absmassociates@gmail.com E-mail ID: cs.vmanda@gmail.com Contact: +91-9571055666 Contact: 0141-4075010 Internal Auditors M/s Shiv Shankar Khandelwal & Co Chartered Accountants, Jaipur (FRN: 006852C) Add: B 17, Janta Colony, Jaipur-302004 (Rajasthan) E-mail ID: batwarass@gmail.com; Contact: 9782147547 Principal Bankers Registrar and Share Transfer Agent Kotak Mahindra Bank Limited MCS Share Transfer Agent Limited Add: 179-180, DSIDC Shed, 3rd Floor Okhla Industrial Area, Phase – 1 New Delhi – 110020 E-Mail ID:- admin@mcsregistrars.com Contact No.:- 011-41406149 5 | P age NOTICE OF 31ST ANNUAL GENERAL MEETING 6 | P age BFL ASSET FINVEST LIMITED Regd. Office: 1, Tara Nagar, Ajmer Road, Jaipur-302006, Ph.:9214018877 CIN: L45201RJ1995PLC010646, Website: www.bflfin.com, E-mail: bfldevelopers@gmail.com NOTICE OF THE 31ST ANNUAL GENERAL MEETING Notice is hereby given that the 31st (Thirty-First) Annual General Meeting (“AGM/ Meeting”) of the members of BFL Asset Finvest Limited (“the Company”) will be held on Friday, September 11, 2026, at 03:00 P.M. through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) to transact the following businesses: ORDINARY BUSINESS: ITEM NO. 1: ADOPTION OF FINANCIAL STATEMENTS. 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. ITEM NO. 2: APPOINTMENT OF DIRECTOR LIABLE TO RETIRE BY ROTATION. 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. SPECIAL BUSINESS: ITEM NO. 3: APPOINTMENT OF MR. MUDIT SINGHI (DIN: 03171115) AS INDEPENDENT DIRECTOR OF THE COMPANY. To appoint Mr. Mudit Singhi (DIN: 03171115) as Independent Director of the Company and to consider, and if thought fit, to pass the following resolution as a “Special Resolution.” “RESOLVED THAT pursuant to the provisions of Sections 149, 150 and 152 read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 (“Act”) read with The Companies (Appointment and Qualification of Directors) Rules, 2014 and Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and regulations, notifications and circulars issued by the Reserve Bank of India in this regard from time to time (including any st [Showing first 8,000 characters — download PDF for full document]