Baid Finserv Ltd

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.

Baid Finserv Limited announced that Anurag Patni, an independent director of the company with DIN 07580695, will cease to hold the position on October 21, 2026, following the completion of his second five-year term.

Baid Finserv Limited has fixed Wednesday, September 16, 2026, as the record date for determining entitlement to a final dividend of Re. 0.10 (5%) per equity share for the financial year 2025-26, subject to shareholder approval at the company’s 35th Annual General Meeting.

Baid Finserv Limited has fixed Wednesday, September 16, 2026, as the record date for determining entitlement to a final dividend of Re. 0.10 (5%) per equity share of face value of Rs. 2 each for the financial year 2025-26, subject to shareholder approval at the 35th Annual General Meeting.

Baid Finserv Limited announced that its board of directors has re-appointed Mr. Panna Lal Baid as Chairman and Managing Director for a further term of three consecutive years, commencing from April 1, 2027, and ending on March 31, 2030, subject to shareholder approval at the company's Annual General Meeting. Mr. Baid, who has over 56 years of experience in the financial services sector, is related to Mr. Aman Baid, Mr. Aditya Baid, and Mrs. Alpana Baid, who are also directors of the company.

Baid Finserv Limited announced that its board of directors approved an alteration to Clause III(A) (Main Objects) of the company's Memorandum of Association, proposing the insertion of a new sub-clause 7 to expand its financing and lending activities, subject to shareholder approval at the upcoming Annual General Meeting.

Baid Finserv Limited appointed Mr. Himanshu Kumar Jain (DIN: 11847212) as an Additional Director (Non-Executive, Independent) with effect from August 13, 2026, for a term of five consecutive years, subject to shareholder approval. The appointment was made at a board meeting held on August 13, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Baid Finserv Limited will hold a board meeting on August 13, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, and to recommend a final dividend on equity shares for the financial year 2025-2026, subject to shareholder approval. The company will also consider and approve an alteration of the object clause of its memorandum of association, also pending shareholder approval, and trading window for designated persons will remain closed until 48 hours after the financial results are declared.

Baid Finserv Limited will hold a board meeting on August 13, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, and to recommend a final dividend on equity shares for the financial year 2025-2026, subject to shareholder approval. The company will also consider and approve an alteration of the object clause of its memorandum of association, also pending shareholder approval, and trading window for designated persons will remain closed until 48 hours after the financial results are declared.