Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/09/2025 ,inter alia, to consider and approve Pursuant to Regulation 29 of Securities ....
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Baid Finserv has informed the stock exchanges that its Board of Directors will meet on Monday, September 8, 2025, at 11:00 A.M. at its registered office in Jaipur. The main agenda is to consider and approve raising of funds by issuing fully paid-up equity shares through a rights issue to existing eligible equity shareholders, fix the issue size, and approve the objects of the issue. The Board will also constitute a Rights Issue Committee to handle the terms and execution. The trading window for insiders has been closed from September 2, 2025, until 48 hours after the Board meeting concludes.
A rights issue means existing shareholders will be given the opportunity to buy additional shares in proportion to their current holdings, which could dilute existing shareholdings if not fully subscribed. Investors should watch for the announcement on September 8 for issue size, price, and ratio, as these will determine the actual dilution and whether participating or letting shares lapse is more beneficial.