Baid Finserv Promoter Group Acquires 4.44% Stake via Warrants

Baid Finserv Ltd has announced a disclosure under SEBI's takeover regulations regarding the acquisition of equity shares by the Promoter Group. This acquisition, totaling 72,04,099 shares, represents approximately 4.44% of the company's total share capital. The shares were acquired pursuant to the conversion of warrants into equity shares, which were issued on a preferential basis to the promoter/promoter group. Following this transaction, the promoter group's total shareholding in Baid Finserv Ltd has increased to 49.73%. The disclosure lists various entities within the promoter and promoter group who participated in this conversion.