Outcome of the Rights Issue Committee Meeting of the Board of Directors of Baid Finserv Limited ( the Company ) held on December 08, 2025 Allotment of Equity Shares on Rights Basis
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Baid Finserv Limited's Rights Issue Committee met on December 8, 2025, and approved the allotment of equity shares to eligible shareholders on a rights basis. This is a follow-up corporate action after the rights issue was launched, confirming the final allocation of new shares to entitled investors. The specific number of shares allotted, issue price, and ratio are not mentioned in the headline and would be detailed in the attached board resolution.
Existing shareholders who exercised their rights will receive the newly allotted shares, potentially leading to a temporary dip in stock price as the new shares dilute holdings. The dilution effect depends on the size of the issue relative to existing share capital.