Promoter Group of Baid Finserv Ltd Acquires Equity Shares Through Warrant Conversion

The Promoter Group of Baid Finserv Ltd, including Anil Jain, has acquired equity shares of the company through the conversion of warrants issued on a preferential basis. The conversion has resulted in a change in the shareholding pattern of the company. The total number of shares acquired through this process amounts to 20,92,206 equity shares, which is equivalent to 32,41,84,412 INR. This acquisition will dilute the share and voting capital of the company, and the new shareholding pattern will be updated in accordance with SEBI regulations.