Baid Finserv Ltd

Baid Finserv Ltd has reported zero activity regarding the re-lodgement of physical share transfer requests for September 2026. As per the SEBI Circular dated January 30, 2026, the company's Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited, confirmed that no requests were received, processed, approved, or rejected during the month. The average processing time was also zero days, reflecting the absence of any transactions.

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.

Baid Finserv Ltd announced that its members, during the 35th Annual General Meeting held on September 23, 2026, approved and declared a final dividend of ₹0.10 per equity share. This dividend represents 5% of the equity share value of ₹2 each and was recommended by the Board of Directors for the Financial Year 2025-26. The AGM was conducted via Video Conferencing/Other Audio Visual Means and lasted from 03:00 P.M. to 03:37 P.M. IST.

Baid Finserv Ltd announced the appointment of Mr. Himanshu Kumar Jain as a Non-Executive Independent Director during its 35th Annual General Meeting held on September 23, 2026. Mr. Jain's tenure will be for five years, effective from August 13, 2026, to August 12, 2031. He holds a degree in Journalism and possesses over five years of professional experience, with strong analytical, communication, and decision-making skills. He is not related to any existing directors and has not been debarred from holding a directorship by any regulatory authority.

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.

Baid Finserv Ltd, through its Registrar and Share Transfer Agent MCS Share Transfer Agent Limited, has reported zero re-lodgement requests for physical share transfers for the month of August 2026. This update is in accordance with a SEBI Circular dated January 30, 2026, which provided a special window for such requests. The company processed and approved zero requests, with zero rejections, indicating no activity in physical share transfers during the specified period under the SEBI initiative.

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.

Baid Finserv Ltd has informed the stock exchanges about the dispatch of a letter to shareholders whose email addresses are not registered. This letter provides a web link to access the Annual Report for FY 2025-26 and the Notice for the 35th Annual General Meeting (AGM). The AGM is scheduled for September 23, 2026, via Video Conferencing. Shareholders can access the Annual Report online and may request a physical copy. Remote e-voting will be open from September 19 to September 22, 2026. The company also urges members to update their contact and bank details.

Baid Finserv Ltd has issued a notice for its 35th Annual General Meeting (AGM) scheduled for September 23, 2026. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for FY 2025-26, declaration of a final dividend of ₹0.10 per equity share, re-appointment of a director retiring by rotation, and re-appointment of Mr. Panna Lal Baid as Chairman and Managing Director for three years with a monthly remuneration not exceeding ₹8,00,000. The Annual Report and AGM notice have been dispatched to members via email and are also available on the company's website.

Baid Finserv Ltd has officially submitted its Annual Report for the Financial Year 2025-26, in compliance with SEBI Listing Regulations. The report, along with the Notice of the 35th Annual General Meeting (AGM), is scheduled to be held on September 23, 2026, via Video Conferencing. Both documents have been made available on the company's website (www.baidfinserv.com/annual-report) and distributed electronically to members who have registered their email addresses. For others, a web-link has been sent to their registered addresses. The report details the company's corporate overview, statutory reports, financial statements, and other relevant information, highlighting its focus on sustainable growth and customer-centric lending.