The Board of Directors of the Company in their meeting held on Thursday, March 12, 2026 at the registered office of the Company situated at, Baid House , IInd Floor, 1, Tara Nagar, Ajmer Road, Jaipur-302006, (Rajasthan) which commenced at 12:00 P.M. and concluded at 12:30 P.M., inter alia approved the allotment of 48,02,732 (Forty Eight Lakh Two Thousand Seven Hundred Thirty Two) Equity Shares of the Company of face value of Rs. 2/- each, at a premium of Rs. 13.10/- (Rupees Thirteen and Ten Paise Only) per share, pursuant to the exercise and conversion of 48,02,732 (Forty Eight Lakh Two Thousand Seven Hundred Thirty Two) convertible warrants against receipt of the balance subscription amount of Rs. 11.325/- per warrant (i.e. 75% of the issue price).

Baid Finserv's board, at its meeting on March 12, 2026, approved the allotment of 48,02,732 equity shares of face value Rs. 2 each at a premium of Rs. 13.10 per share, following the conversion of an equal number of convertible warrants. The issue price worked out to Rs. 15.10 per share, and the company received Rs. 5.44 crore as the balance 75% subscription amount from the allottees. The two allottees — Niranjana Properties Pvt Ltd and Dream Realmart Pvt Ltd — are both promoter group entities, and together they exercised all warrants originally allotted on April 9, 2025. As a result, the total issued and paid-up share capital rose from about 15.01 crore shares to 15.49 crore shares. Promoter group shareholding increased from 45.71% to 47.39%, and no warrants remain outstanding.