Baid Finserv Promoters Declare No Encumbrance of Shares in FY26
Baid Finserv Limited disclosed that its promoters and Persons Acting in Concert (PAC) have not encumbered any equity shares during the financial year ended March 31, 2026. The declaration was submitted by Promoter Panna Lal Baid to the stock exchanges on April 04, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure covers 20 entities, including individual promoters and group companies.

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Baid Finserv Limited has submitted a disclosure to the stock exchanges confirming that its promoters and Persons Acting in Concert (PAC) have not created any encumbrance on equity shares during the financial year ended March 31, 2026. The declaration, made by Promoter Panna Lal Baid, was filed on April 04, 2026, in accordance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The disclosure explicitly states that neither the promoters nor the PACs have encumbered any equity shares, directly or indirectly, in the target company during the specified period. This regulatory filing is intended for the information and records of the exchanges.
List of Promoters and PACs
The filing includes a comprehensive list of individuals and entities classified as Promoters or PACs. The table below details the names and their respective classifications as per the annexure provided to the exchanges.
| Sr. No. | Name of the Acquirer/PAC/Promoter | Acquirer/PAC |
|---|---|---|
| 1. | Panna Lal Baid | PAC- Promoter |
| 2. | Aman Baid | PAC-Promoter Group |
| 3. | Aditya Baid | PAC-Promoter Group |
| 4. | Alpana Baid | PAC-Promoter Group |
| 5. | Mahendra Kumar Baid | PAC-Promoter Group |
| 6. | Rakesh Baid | PAC- Promoter |
| 7. | Meena Baid | PAC-Promoter Group |
| 8. | Panna Lal Baid & Sons HUF | PAC-Promoter Group |
| 9. | Asmita Baid | PAC-Promoter Group |
| 10. | Dalima Baid | PAC-Promoter Group |
| 11. | Carewell Builders Private Limited | PAC-Promoter Group |
| 12. | Dream Realtmart Private Limited | PAC-Promoter Group |
| 13. | Tradeswift Developers Private Limited | PAC-Promoter Group |
| 14. | Niranjana Properties Private Limited | PAC-Promoter Group |
| 15. | Ganpati holdings Private Ltd. | PAC-Promoter Group |
| 16. | Tradeswift Broking Private Limited | PAC-Promoter Group |
| 17. | Revant Trading Private Limited | PAC-Promoter Group |
| 18. | Goodfortune Trading Private Limited | PAC-Promoter Group |
| 19. | Dream Prime Developers Private Limited | PAC-Promoter Group |
| 20. | Tradeswift Commodities Private Limited | PAC-Promoter Group |
The communication was addressed to BSE Limited and the National Stock Exchange of India Ltd., with copies marked to the Audit Committee of baid finserv .
Historical Stock Returns for Baid Finserv
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.16% | -14.27% | -11.06% | -1.45% | -4.22% | -64.78% |
How might Baid Finserv's clean encumbrance record influence institutional investor confidence and potential stake acquisitions in the company going forward?
Given the extensive network of 20 promoter group entities spanning real estate, trading, and broking, what are the potential risks of cross-holding complexities affecting Baid Finserv's corporate governance in the future?
Could the consistent absence of share encumbrances by promoters signal an upcoming fundraising activity or open market acquisition by the promoter group?


































