Baid Finserv Limited has informed the Exchange regarding 'To consider and recommend Final Dividend on the Equity Shares of the Company for the FY 24-25, subject to declaration of the same by the shareholders in the ensuing AGM.'.
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Awaiting price reaction for this filing.
Baid Finserv has informed the stock exchanges that its Board of Directors will meet on August 7, 2025. The board will consider and approve the un-audited financial results for the quarter ended June 30, 2025 (Q1 FY26) along with the limited review report. It will also recommend a final dividend on equity shares for FY 2024-25, subject to shareholder approval at the upcoming AGM. Additionally, the board will consider re-appointing Mr. Aman Baid as Whole-Time Director for a further three-year term (June 2026 to May 2029) and appointing M/s ABSM & Associates as the new Statutory Auditor for a five-year term covering FY 2025-26 to FY 2029-30.
Investors should watch August 7 for the Q1 FY26 earnings print and clarity on the final dividend amount for FY25. The auditor and director appointments are routine governance items requiring shareholder approval at the AGM and are not expected to have an immediate material impact on the stock price.