Board comments on fine imposed by BSE and NSE for disclosure non-compliance

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Price reactionminutes from the announcement price · days from the prior close

+1.7%Reaction day

₹11.94

prior close

₹12.07

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+0.7% vs market

Non Banking Financial Company (NBFC) peers, median of 206sector+0.4%+1.3% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.3 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

-1.1

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+1.0+0.7+0.4+1.3

Next day

-4.9+0.5-5.4+0.1-5.1

-3.6-0.0-3.6+0.4-4.0

-2.8-1.5-1.3-0.6-2.1

-5.4-2.2-3.1-0.6-4.8

-3.6-1.2-2.4-1.1-2.5

-7.3-2.4-4.9-1.5-5.8

15d

-7.9-8.8+1.0-6.7-1.2

-7.5-8.3+0.8-6.6-0.8

-7.3-3.5-3.7-4.8-2.5

-5.9+6.4-12.3-1.4-4.6

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 206Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Baid Finserv's Board reviewed a fine of Rs 11,800 each imposed by BSE and NSE for non-compliance with Regulations 29(2) and 29(3) of SEBI LODR, related to prior intimation of a Rights Issue Committee meeting. The Company paid both fines within the stipulated time. The Board stated the non-compliance was procedural and interpretational, as due intimation about the Rights Issue agenda had already been provided.

Likely market impact

Minor penalty fully paid; procedural issue with no material impact on business or shareholders.