Baid Finserv Ltd

Baid Finserv Limited announced that Anurag Patni (DIN: 07580695) has ceased to be an Independent Director with effect from October 21, 2026, following the completion of his second and final term of five years, as previously disclosed on August 13, 2026.

Baid Finserv Limited submitted a certificate to the BSE Limited and National Stock Exchange of India Ltd. confirming compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, as issued by its Registrar to an Issue and Share Transfer Agent, MCS Share Transfer Agent Limited.

Baid Finserv Ltd announced that CARE Ratings Limited (CARE) has reaffirmed the credit ratings assigned to the bank facilities of the company, as detailed in a letter dated September 29, 2026, with reference number No. CARE/HO/RL/2026 -27/2993. CARE reaffirmed the rating for the Long Term / Short Term Bank Facilities at CARE BBB; Stable / CARE A3, with a total facility amount of Rs. 305.00 (Rupees Three Hundred Five Crore Only), and no other rating agencies or assignments, enhancements, or withdrawals were mentioned.

Baid Finserv Limited announced that shareholders approved an alteration to Clause III(A) of the company's Memorandum of Association at the 35th Annual General Meeting held on Wednesday, September 23, 2026, adding a new sub-clause 7 to expand the company’s business to include a wider range of financing and lending activities.

Baid Finserv Limited announced that shareholders approved the appointment of Himanshu Kumar Jain as a Non-Executive Independent Director for a period of 5 years, effective August 13, 2026, at the company's 35th Annual General Meeting held on September 23, 2026.

Baid Finserv Limited announced that members approved the re-appointment of Mr. Panna Lal Baid as Chairman and Managing Director for a further period of three years, effective April 1, 2027, to March 31, 2030, at the company's 35th Annual General Meeting held on September 23, 2026.

Baid Finserv Limited announced that its shareholders approved a final dividend of Rs 0.10 (5% of a Rs 2 equity share) per equity share for the financial year 2025-26 at its 35th Annual General Meeting held on Wednesday, September 23, 2026.

Baid Finserv Limited will close its trading window for designated persons and their relatives from October 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter and half year ended September 30, 2026, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Baid Finserv Limited announced that Dalima Baid, Aditya Baid, Asmita Baid, and Alpana Baid, all members of the promoter group, converted 72,04,099 warrants into an equal number of equity shares, resulting in the allotment of 72,04,099 shares at a premium of Rs 13.10 per share. The total consideration received by the company for this allotment was Rs 8,15,86,421, equivalent to Rs 11.325 per warrant. Consequently, the company's issued, subscribed, and paid-up capital increased to Rs 32,41,84,412, and the promoter group's shareholding rose from 47.39% to 49.73% of the total issued capital.

Baid Finserv Limited will hold a board meeting on August 26, 2026, to approve the allotment of 72,04,099 equity shares, following the exercise and conversion of an equal number of convertible warrants against receipt of a balance subscription amount of Rs 11.325 per warrant, according to a regulatory filing.