Baid Finserv Re-appoints M/s. Shiv Shankar Khandelwal & Co. as Internal Auditors for FY 2026-27

The Board of Directors of Baid Finserv Limited, at its meeting held on Friday, May 15, 2026, approved the re-appointment of M/s. Shiv Shankar Khandelwal & Co., Chartered Accountants (FRN: 006852C), Jaipur, as Internal Auditors of the Company for Financial Year 2026-27. The board meeting commenced at 04:00 P.M. and concluded at 06:50 P.M. at the Company's registered office situated at 1, Tara Nagar, Ajmer Road, Jaipur-302006 (Rajasthan). The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III therein and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Re-appointment Details

The following table summarises the key details of the re-appointment as disclosed by the Company:

Parameter:	Details
Auditor Name:	M/s. Shiv Shankar Khandelwal & Co., Chartered Accountants
Firm Registration Number:	FRN: 006852C
Location:	Jaipur, Rajasthan
Nature of Change:	Re-appointment
Date of Re-appointment:	May 15, 2026
Term of Appointment:	1 (one) year — Financial Year 2026-2027
Scope:	Internal Audit of the Company

Profile of the Internal Auditor

M/s. Shiv Shankar Khandelwal & Co. is a firm of Chartered Accountants in practice, based in Jaipur, Rajasthan. The firm specialises in providing services across the following areas:

Audit & assurance
Direct and indirect tax
Business advisory
Accounting
Regulatory compliances

The firm has been conducting the internal audit of Baid Finserv and also provides tax consultancy services. Additionally, it conducts statutory audits of public and private limited companies.

Regulatory Compliance

The intimation was submitted to BSE Limited and the National Stock Exchange of India Ltd. in accordance with Regulation 30 of the Listing Regulations. The disclosure has also been made available on the Company's website at www.baidfinserv.com . The communication was signed by Surbhi Rawat, Company Secretary and Compliance Officer (Membership No.: A49694), on behalf of Baid Finserv Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.33%	-10.28%	-10.99%	-3.46%	-10.76%	-65.37%

Baid Finserv Limited's Board of Directors, at their meeting held on Friday, May 15, 2026, approved the appointment of Mr. Rahul Kumar Sharma as Chief Technology Officer (CTO) and Chief Information Officer (CIO), simultaneously designating him as a Senior Management Personnel (SMP) of the company. The board meeting commenced at 04:00 P.M. and concluded at 6:50 P.M. at the company's registered office in Jaipur, Rajasthan. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The key details of the appointment, as disclosed under Regulation 30 of the Listing Regulations read with Schedule III and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are summarised below:

Parameter:	Details
Name:	Mr. Rahul Kumar Sharma
Designation:	Chief Technology Officer (CTO) and Chief Information Officer (CIO)
Category:	Senior Management Personnel (SMP)
Date of Appointment:	May 15, 2026
Term:	Not Applicable
Relationship with Directors:	Not Applicable

Professional Profile

Mr. Rahul Kumar Sharma is a core IT security professional with 11 years of experience across financial services, aviation, and IT operations. He specialises in server and in-house infrastructure, cybersecurity, network architecture, cloud integration, disaster recovery, and data loss prevention (DLP).

At Baid Finserv, Mr. Sharma has been driving IT initiatives since 2018, advancing into senior responsibilities where he leads projects across the following domains:

AWS security and hybrid cloud deployments
Endpoint protection and server replication
Data loss prevention (DLP) implementation
SIEM integration and zero-trust frameworks

His earlier roles at IndiGo and Shriram Value Services provided strong foundations in asset management, firewalls, and enterprise IT support, offering him a broad perspective across industries.

Areas of Technical Expertise

Mr. Sharma's technical expertise spans a wide range of cybersecurity and infrastructure disciplines, including:

Firewalls, IDS/IPS, identity management, and encryption
Secure protocols and backup/restore automation
Vulnerability Assessment and Penetration Testing (VAPT)
SIEM implementation and integration
Containerised workloads and advanced monitoring systems

He has successfully led in-house infrastructure modernisation and large-scale security projects, ensuring resilience and scalability for the organisation.

Regulatory Disclosure

The intimation of this appointment was submitted to BSE Limited and the National Stock Exchange of India Ltd. by Surbhi Rawat, Company Secretary and Compliance Officer (Membership No.: A49694), on behalf of Baid Finserv Limited. The disclosure is also available on the company's website at www.baidfinserv.com .