Baid Finserv Limited , a financial services company, is set to hold a crucial Rights Issue Committee meeting on November 11, 2025, to determine the terms and conditions of its proposed rights issue of equity shares. This development comes as part of the company's plan to raise up to Rs 35.00 crore through a rights offering to its existing shareholders.

Key Details of the Rights Issue Committee Meeting

The Rights Issue Committee is scheduled to convene at 3:00 PM on November 11, 2025, at the company's registered office in Jaipur. The meeting agenda includes:

1. Determining the terms and conditions of the rights issue, including:

   • Rights entitlement ratio
   • Issue price
   • Record date

2. Approving the Letter of Offer to be filed with the stock exchanges and the Securities and Exchange Board of India (SEBI)

Background of the Rights Issue

The decision to proceed with the rights issue stems from a board meeting held on September 8, 2025, where Baid Finserv's Board of Directors approved the issuance of fully paid-up equity shares. The rights issue aims to raise an amount not exceeding Rs 35.00 crore, including premium, offered to existing eligible equity shareholders.

Trading Window Closure

In compliance with SEBI regulations and the company's Code of Conduct for Prohibition of Insider Trading, Baid Finserv has implemented a trading window closure:

• Closure period: October 1, 2025, until 48 hours after the declaration of unaudited financial results for Q2 FY2026
• Applicable to: Directors, Key Managerial Personnel, Designated Persons, Connected Persons, and their relatives

Company Information

Investors and stakeholders are advised to keep an eye on further announcements from Baid Finserv regarding the outcome of the Rights Issue Committee meeting and subsequent developments in the rights issue process.

Baid Finserv Limited , a prominent player in the financial services sector, has announced that its shareholders have approved the re-appointment of Mr. Aman Baid as Whole Time Director for a three-year term. The decision was made during the company's 34th Annual General Meeting (AGM) held on September 12, 2025.

Key Details of the Re-appointment

• Term: Mr. Aman Baid will serve as Whole Time Director from June 01, 2026, to May 31, 2029.
• Designation: He will be designated as Executive Director of the company.
• Approval: The re-appointment received overwhelming support from shareholders, with 99.99997% of votes cast in favor of the resolution.

About Aman Baid

Mr. Aman Baid, who holds the Director Identification Number (DIN) 03100575, has been an integral part of Baid Finserv since 2013. His re-appointment underscores the company's confidence in his leadership and vision.

• Educational Background: Post-graduate degree in FMB from SP Jain School of Global Management
• Family Ties: Grandson of Mr. Panna Lal Baid (Chairman and Managing Director) and son of Mrs. Alpana Baid (Non-Executive Director)
• Key Responsibilities: Developing long-term strategic direction, leading business expansion, and overseeing day-to-day operations

Contributions to Baid Finserv

During his tenure, Mr. Aman Baid has played a crucial role in several areas:

• Setting up new distribution points
• Evaluating new products
• Formulating and deploying credit policies
• Analyzing challenges and mitigating risks
• Expanding into new geographical areas
• Building relationships with lenders and bankers

Other AGM Highlights

The 34th AGM, conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM), also saw the approval of other significant resolutions:

1. Adoption of Financial Statements: The audited financial statements for the year ended March 31, 2025, were adopted.
2. Dividend Declaration: A final dividend of Rs. 0.10 per equity share (5% on face value of Rs. 2 each) was declared for the financial year 2024-25.
3. Appointment of Statutory Auditors: M/s. ABSM & Associates (FRN: 015966C) were appointed as Statutory Auditors for a five-year term until the 39th AGM in 2030.
4. Appointment of Secretarial Auditor: M/s. V. M. & Associates, Company Secretaries (FRN: P1984RJ039200) were appointed as Secretarial Auditor for a five-year term from April 01, 2025, to March 31, 2030.

The AGM, which commenced at 03:00 P.M. (IST) and concluded at 03:41 P.M. (IST), saw active participation from shareholders, with all resolutions passing with an overwhelming majority.

Postponement of Rights Issue Committee Meeting

In a separate announcement, Baid Finserv also informed that the meeting of its Rights Issue Committee, originally scheduled for September 15, 2025, has been postponed. The company awaits approvals from BSE Limited and National Stock Exchange of India regarding the proposed Rights Issue. A revised date for the committee meeting will be communicated upon receipt of the necessary approvals.

These developments reflect Baid Finserv's commitment to strong corporate governance and its focus on strategic growth under the continued leadership of Mr. Aman Baid.