In furtherance to our earlier intimation dated September 11, 2025, this is to inform you that the meeting of the Rights Issue Committee of the Board of Directors of the Company was scheduled to be held on Monday, September 15, 2025 at 04:00 P.M., interalia, to consider and approve the terms and conditions of the rights issue including determination rights entitlement ratio, issue price and record date etc. and other modalities related to the Rights Issue, in relation to the Rights Issue as approved by the Board of the Company in their meeting held on Monday, September 08, 2025.As the approval from BSE Limited and National Stock Exchange of India w.r.t above-said Rights Issue is under process as of now. In view of the same, the revised date for meeting of the Rights Issue Committee shall be communicated upon receipt of the requisite approvals.
BAIDFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Baid Finserv had planned a Rights Issue Committee meeting on September 15, 2025 to finalise key details such as the entitlement ratio, issue price, and record date for its upcoming rights issue. The Board had already approved the rights issue on September 8, 2025. However, since approvals from BSE and NSE are still awaited, the company has postponed the committee meeting. A revised date will be shared once stock exchange approvals are received.
The rights issue is still in progress but its timeline has been pushed back due to pending exchange approvals. Existing shareholders may need to wait a bit longer to learn the final pricing and their entitlement, though the core plan to raise capital through a rights issue remains on track.