Shareholders meeting

Baid Finserv Limited Regd. Office: “Baid House”, IInd Floor, 1-Tara Nagar, Ajmer Road, Jaipur-302006 Ph: 9214018855 E-mail: baidfinance@baidgroup.in Website: www.baidfinserv.com CIN: L65910RJ1991PLC006391 Ref. No.: BAIDFIN/2026-27/52 Date: September 23, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block-G Dalal Street Bandra Kurla Complex, Mumbai-400001(Maharashtra) Bandra (East), Mumbai-400051 (Maharashtra) Scrip Code: 511724 NSE Symbol: BAIDFIN Sub: Proceedings of 35th Annual General Meeting (“AGM”) of Baid Finserv Limited (“the Company”) held on Wednesday, September 23, 2026. Dear Sir / Ma’am, Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed herewith the summary of the proceedings of the 35th Annual General Meeting (AGM) of the Company held on Wednesday, September 23, 2026 through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) which commenced at 03:00 P.M. (IST) and concluded at 03:37 P.M. (IST) (including the time allowed for e-voting at AGM). You are requested to take the same on record. Thanking you, Yours Sincerely, FOR BAID FINSERV LIMITED SURBHI RAWAT COMPANY SECRETARY AND COMPLIANCE OFFICER MEMBERSHIP NO:-A49694 Encl.: A/a Baid Finserv Limited Regd. Office: “Baid House”, IInd Floor, 1-Tara Nagar, Ajmer Road, Jaipur-302006 Ph: 9214018855 E-mail: baidfinance@baidgroup.in Website: www.baidfinserv.com CIN: L65910RJ1991PLC006391 GIST OF PROCEEDINGS OF 35TH ANNUAL GENERAL MEETING (“AGM”) OF MEMBERS OF BAID FINSERV LIMITED (“THE COMPANY”) HELD ON WEDNESDAY, SEPTEMBER 23, 2026 The 35th AGM of the members of the Company was held on Wednesday, September 23, 2026 through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM) in accordance with the circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013 and rules framed thereunder. The Meeting commenced at 3:00 P.M. (IST) Mr. Panna Lal Baid, Chairman and Managing Director of the Company, Chaired the meeting. The AGM was attended by the following Directors and Key Managerial Personnel of the Company through VC: S. No. Name Designation Location 1. Mr. Panna Lal Baid Chairman and Managing Director of Registered Office, Jaipur the Company, Chairman of the Risk Management Committee, Asset Liability Management Committee, and Executive Committee 2. Mr. Aman Baid Whole-Time Director Registered Office, Jaipur 3. Mrs. Alpana Baid Non-Executive Director Jaipur 4. Mr. Surendra Kumar Independent Director, Chairman of Jaipur Singhi Audit Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee and Stakeholders Relationship Committee 5. Mr. Chaitnya Sharma Independent Director Jaipur 6. Mr. Anurag Patni Independent Director Jaipur 7. Mr. Himanshu Kumar Jain Additional Independent Director Registered Office, Jaipur 8. Mr. Aditya Baid Chief Financial Officer Registered Office, Jaipur 9. Mrs. Surbhi Rawat Company Secretary and Compliance Registered Office, Jaipur Officer S. No. OTHER REPRESENTATIVES/ INVITEES Location 1. Mr. Shiv Shankar Khandelwal, Partner, M/s Shiv Shankar Jaipur Khandelwal & Co., Chartered Accountants, Internal Auditor of the Company. 2. Mr. Manoj Maheshwari, Partner and Representative of M/s V.M. Jaipur & Associates, Company Secretaries, Secretarial Auditor and Scrutinizer of 35th Annual General Meeting of the Company. Baid Finserv Limited Regd. Office: “Baid House”, IInd Floor, 1-Tara Nagar, Ajmer Road, Jaipur-302006 Ph: 9214018855 E-mail: baidfinance@baidgroup.in Website: www.baidfinserv.com CIN: L65910RJ1991PLC006391 3. Mr. Anoop Bhatia, Partner and Representative of M/s ABSM & Jaipur Associates, Statutory Auditor of the Company. QUORUM OF THE MEETING 48 members attended the meeting through video conferencing. Mrs. Surbhi Rawat, Company Secretary and Compliance Officer, welcomed the members and informed that the AGM is being held through video conferencing in accordance with the circular issued by the MCA and SEBI. She then introduced all the Board members, Auditors and Scrutinizer present in the meeting. The Company Secretary and Compliance Officer provided general instructions to all the Members regarding meeting held through Video Conferencing and E-voting facility made available to cast the vote during Meeting for those shareholders who had not cast their vote through remote e-voting facility which commenced from Saturday, September 19, 2026 at 09:00 A.M. (IST) and ended on Tuesday, September 22, 2026 at 05:00 P.M. (IST). She further informed that the Members were given an opportunity to register themselves in advance on or before Thursday, September 17, 2026, as speaker shareholders to express their views and to ask Questions during the Question and Answer session. She also informed the Members regarding availability of Register of Directors, KMPs and their shareholding, Register of Contracts or Arrangements in which Directors are interested and all other statutory registers for inspection by the members electronically. She then requested the Chairman to lead the proceedings of meeting. The Chairman welcomed all the members, auditors and other invitees who joined over VC and confirmed presence of requisite quorum. The Chairman on behalf of the Board of Directors thanked everyone for joining the Company’s 35th Annual General Meeting. The Chairman then made his opening remarks and briefed the shareholders with respect to Company’s performance during FY 2025-26. The Chairman then requested Mr. Aman Baid, Whole- Time Director to present key financials and initiative taken by the Company during the financial year 2025-26. Mr. Aman Baid addressed the Members of the Company and apprised the members about the following key highlights during the reporting period:- a) Total Income stood at Rs. 99.19 crore. b) Profit Before Tax (PBT) was Rs. 20.07 crore, while Profit After Tax (PAT) increased to Rs. 14.97 crore, reflecting improved profitability. c) Assets Under Management (AUM) grew to Rs. 476.89 crore, registering a growth of 20.35% over the previous year. d) Asset quality remained well-managed, with Gross NPA at 2.66% and Net NPA at 0.39%, underscoring our prudent underwriting and efficient collections. Baid Finserv Limited Regd. Office: “Baid House”, IInd Floor, 1-Tara Nagar, Ajmer Road, Jaipur-302006 Ph: 9214018855 E-mail: baidfinance@baidgroup.in Website: www.baidfinserv.com CIN: L65910RJ1991PLC006391 He further apprised the Members regarding the strategic achievements of the Company, which include: (a) The Company allotted 24,01,366 equity shares on March 12, 2026 pursuant to exercise/conversion of convertible warrants, upon receipt of the balance issue price. (b) Successful completion of Rights Issue aggregating to ₹30.02 crore, providing an opportunity to all eligible shareholders. (c) CARE Ratings re-affirmed the Company’s credit rating at CARE BBB, while revising the outlook from Stable to Positive (d) The recommendation of a Final Dividend of Rs. 0.10 per equity share by the Board of Directors for the Financial Year 2025-26. (e) He informed the Members, that the Annual Report for the Financial Year 2025-26 along with the Notice of AGM, Directors' Report and the Audited Financial Statements for the Financial Year ended on March 31, 2026 were taken as read as the same had already been circulated to the Members. He further informed the members that Statutory Auditor has provided observation in the Audit Report for the Financial Year 2025-26 and that it was duly explained in Board’s report. He further informed the members that Secretarial Auditor has provided observation in the Secretarial Audit Report for the Financial Year 2025-26 and that it was duly explained in Board’s report. Apart from the said observations, there were no [Showing first 8,000 characters — download PDF for full document]