Baid Finserv Ltd: AGM Approves MOA Alteration for Expanded Financing Objects

Baid Finserv Ltd announced that its members, during the 35th Annual General Meeting held on September 23, 2026, approved a significant alteration to the company's Memorandum of Association (MOA). The alteration involves inserting a new Sub-clause 7 into Clause III(A) (Main Objects), which substantially expands the company's permitted business activities. The new sub-clause allows Baid Finserv to engage in a wider array of financing and lending activities, including various types of loans, non-fund based facilities, co-lending, securitization, digital lending, and peer-to-peer lending, among other credit-related services. This move is expected to broaden the company's operational scope and market reach within the financial services sector.