Allotment of Equity Shares on Rights Basis
BAIDFIN · price
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Awaiting price reaction for this filing.
Baid Finserv Limited has completed the allotment of equity shares under a rights issue to its existing shareholders. This means eligible shareholders who exercised their rights have now been issued new shares in proportion to their existing holdings. The announcement confirms the conclusion of the rights entitlement process. No specific details on issue price, discount to market, or total amount raised are visible in the filing summary. Shareholders who applied will see additional shares credited to their demat accounts.
This is a routine completion-of-allotment announcement; existing shareholders may see minor dilution depending on their participation, but no immediate action is required.