This is to inform you that a Meeting of Members of the Rights Issue Committee of the Company will be held on Tuesday, November 11, 2025 at 03:00 P.M. at the registered office of the Company situated at 1, Tara Nagar, Ajmer Road, Jaipur 302006 (Rajasthan) inter alia to consider and approve: 1. the terms and conditions of the rights issue including determination rights entitlement ratio, issue price and record date etc. and2. Letter of Offer to be filed with the Stock Exchanges and Securities and Exchange Board of India.
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Baid Finserv Limited has informed the stock exchange that its Rights Issue Committee will meet on November 11, 2025, at its registered office in Jaipur. The meeting will consider and approve key terms of a proposed rights issue, including the entitlement ratio, issue price, and record date. It will also approve the Letter of Offer to be filed with SEBI and the stock exchanges. No specific ratio or pricing details have been announced yet, and these will be determined at the meeting.
For existing shareholders, this signals a potential fundraising event through a rights issue, which will require capital infusion from shareholders to retain their proportional ownership. Pricing terms and entitlement ratio will be key details to watch once the committee decides, as they will determine how dilutive the issue will be.