
AGM/EGM24 Sept 2026, 10:10 pm
Baid Finserv CMD Re-appointed for 3 Years
AI Summary
Baid Finserv Ltd announced that its members, at the 35th Annual General Meeting held on September 23, 2026, approved the re-appointment of Mr. Panna Lal Baid as Chairman and Managing Director. His term has been extended for a further period of three years, effective from April 01, 2027, to March 31, 2030. Mr. Baid, the company's founder, brings over 56 years of experience in the financial services sector and has been instrumental in the company's growth. The filing also disclosed his relationships with other directors, including his grandsons and daughter-in-law, who also serve on the board. Mr. Baid is not debarred from holding a directorship by any regulatory authority.
Key Highlights
- Mr. Panna Lal Baid re-appointed as CMD for 3 years.
- New term effective April 01, 2027, to March 31, 2030.
- Founder brings over 56 years of financial services experience.
- AGM members approved the re-appointment.
- Director confirmed not debarred by any authority.
Price Impact
More from BAIDFIN