This is to inform you that the Meeting of Members of the Rights Issue Committee of the Company was held on Tuesday, November 11, 2025 which commenced at 03:00 P.M. and concluded at 03:30 P.M. at the registered office of the Company situated at Baid House , IInd Floor, 1, Tara Nagar, Ajmer Road, Jaipur 302006 (Rajasthan) where the committee members has inter-alia, approved the Letter of Offer and other related documents for the proposed Right Issue of the Company.In this regard, please find enclosed herewith the copy of Letter of Offer dated November 11, 2025, for the Rights Issue of Baid Finserv Limited.
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Baid Finserv Limited's Rights Issue Committee met on November 11, 2025, from 3:00 PM to 3:30 PM at the company's registered office in Jaipur. During the meeting, the committee approved the Letter of Offer and other related documents for the company's proposed Rights Issue. The company has enclosed a copy of the Letter of Offer dated November 11, 2025, for the Rights Issue. No specific details regarding the issue size, price, ratio, or use of proceeds have been disclosed in this filing.
The approval of the Letter of Offer marks a key step forward in the Rights Issue process, potentially leading to dilution for existing shareholders but also offering them the opportunity to participate and maintain their stake. Investors should watch for further disclosures detailing the issue price, ratio, and record date.