Baid Finserv Board Approves MOA Object Clause Alteration

Baid Finserv Limited's Board of Directors has approved an alteration to the main objects clause (Clause III(A)) of its Memorandum of Association (MOA). This involves inserting a new sub-clause 7, which broadly expands the company's business activities to include a wide range of financing and lending operations, such as vehicle loans, mortgage loans, personal loans, microfinance, digital lending, and peer-to-peer lending, among others. The proposed amendment is subject to shareholder approval at the upcoming Annual General Meeting. The company has provided detailed information as per SEBI regulations.