BF Investment Limited announced the appointment of Mr. Viraj Shambhu Kulkarni (DIN: 02963687) as Non-Executive ­ Independent Director, the Members of the Company have duly approved the Special Resolution embodied in the Postal Ballot Notice with requisite majority during the e-voting period commencing from 9.00 a.m. (IST) May 10, 2024 and ending on June 08, 2024, for a term of 5 consecutive years with effect from April 30, 2024 to April 29, 2029 (both days inclusive). Mr. Viraj Kulkarni founded PIVOT in 2015. It has since grown to become the largest and globally acclaimed consulting company in the Securities Services sector in Asia and the Middle East. Mr. Viraj's rich work experience spanned across 3 of the top 5 Global Custodians for over 12 years as Country Head of Securities Services with Citi Bank (India and Switzerland), JP Morgan Chase and BNP Paribas. He also served
on the ASPAC Management Board of BNP Paribas Securities Services. He has over 34 years of in-depth and diverse exposure to emerging and advanced capital markets including as operations head at Morgan Stanley Securities Services, India and Investor Services Division at Bombay Stock Exchange (BSE). In May 2022, Mr. Viraj was inducted as a GC Legend in the GC Hall of Fame. He is the first India based Legend amongst the 346 worldwide, across 108 countries in the $246 Trillion Custody Industry. PIVOT in 2023 was recognized globally as a "Rising Star" Consulting Firm of the year in the Market and Infrastructure segment. Mr. Viraj is also a Director of PIVOT Consultants (Cyprus) Ltd.,an independent Director at Motilal Oswal Trust Company. Mr. Viraj has been on Industry committees in India and Switzerland. Committee Member of the Private Equity, Venture Capital and Capital
Markets of Bombay Chamber of Commerce and Industry. He is on the IMC's Alternative Funding (PE + Capital Market) committee. He is also a member of the Equity Markets working group of
CII. He is a fellow member of Institute of Company Secretaries and commerce graduate from Bombay University.