General Updates

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/2026-27/43 Date: August 26, 2026 BSE Limited National Stock Exchange of India Limited 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.: Outcome of Meeting of Board of Directors of the Company held on Wednesday, August 26, 2026 pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). Ref.:- Allotment of equity shares of Baid Finserv Limited (“Company”) pursuant to exercise of share warrants by Promoter Group. Dear Sir / Madam, This is in furtherance of the intimation given by the Company on April 09, 2025, wherein we informed you that the Company had allotted 1,20,06,831 convertible warrants to promoters/promoter group of the Company on April 09, 2025, by way of a preferential allotment on a private placement basis. The issue price of Rs. 15.10/- per warrant, out of which Rs. 3.775/- (25% of the issue price) per warrant, was received as the initial subscription amount at the time of allotment of the warrants. The Company had allotted 24,01,366 equity shares each on March 12, 2026 to two warrant holders out of said six warrant holders i.e. to Dream Realmart Private Limited and Niranjana Properties Private Limited, both being members of the Promoter Group, pursuant to the exercise of conversion of warrants into equity shares and received the balance 75% of the issue price from the said warrant holders. Consequent to the said allotment, all warrants held by the Dream Realmart Private Limited and Niranjana Properties Private Limited stand fully converted and no warrants remain outstanding in their names. In accordance with Regulation 30 read with Schedule III of the Listing Regulations, we wish to inform you that Mrs. Dalima Baid, Mr. Aditya Baid, Mrs. Asmita Baid and Mrs. Alpana Baid (“Warrant Holders”) have opted to exercise and convert 72,04,099 (Seventy Two Lakh Four Thousand Ninety Nine) warrants into 72,04,099 (Seventy Two Lakh Four Thousand Ninety Nine) equity shares of the Company of face value of Rs. 2/- each, at a premium of Rs. 13.10/- per share in compliance with the provisions of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 (“ICDR Regulations”), and the terms of allotment of the warrants. The Board of Directors of the Company (“Board”) during its meeting held today, i.e. on August 26, 2026 considered and approved the allotment of 72,04,099 equity shares of the Company with a face value of Rs. 2/- each, at a premium of Rs. 13.10/- per share, pursuant to the exercise and conversion of 72,04,099 convertible warrants against receipt of an amount aggregating to Rs. 8,15,86,421/- (Rupees Eight Crore Fifteen Lakh Eighty Six Thousand Four Hundred Twenty One Only) at the rate of Rs. 11.325/- per warrant, being 75% of the Warrants Issue Price (“Warrants Exercise Price”), as per the details given in “Annexure-1”. 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 Pursuant to the above allotment, the issued, subscribed and paid-up capital of the Company shall be as under: Particulars Before Allotment After Allotment Equity Share Number of Value Number of Value Capital Shares (Face Value of Rs. Shares (Face Value of Rs. 2/- each) (INR) 2/- each) (INR) Issued 15,48,88,107 30,97,76,214 16,20,92,206 32,41,84,412 Capital # Subscribed 15,48,88,107 30,97,76,214 16,20,92,206 32,41,84,412 and Paid-up Capital # The pre and post allotment shareholding of promoter / promoter group shall be as under: Pre-Allotment % of Total Issued Post-Allotment % of Total Issued Capital Capital 7,33,99,736 47.39 8,06,03,835 49.73 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III therein and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 as amended/updated from time to time, and other applicable provisions of SEBI Listing Regulations, the detailed disclosure in respect of the allotment of equity shares pursuant to conversion of warrants is set out below at Annexure-2. You are requested to take the same on your records. Thanking you, Yours Sincerely, FOR BAID FINSERV LIMITED SURBHI RAWAT COMPANY SECRETARY AND COMPLIANCE OFFICER MEMBERSHIP NUMBER: A49694 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 Annexure-1 List of Allotees S. Names of Category Number No. of No. of Warrant No. of equity No. of No. The of of warrants warrants exercise shares warrants Allottees Allottees Warrants held applied price allotted, pending for Allotted before for 11.325/- per upon conversion exercise exercise Warrant exercise of (Being 75% warrants of the issue price per warrant) 1 Dalima Promoter 18,01,025 18,01,025 18,01,025 2,03,96,608 18,01,025 NIL Baid Group 2 Aditya Promoter 12,00,683 12,00,683 12,00,683 1,35,97,735 12,00,683 NIL Baid Group 3 Asmita Promoter 18,01,025 18,01,025 18,01,025 2,03,96,608 18,01,025 NIL Baid Group 4 Alpana Promoter 24,01,366 24,01,366 24,01,366 2,71,95,470 24,01,366 NIL Baid Group Total 72,04,099 72,04,099 72,04,099 8,15,86,421 72,04,099 NIL Pursuant to this conversion and allotment of equity shares, all the warrants held by the above mentioned allottees stand fully converted and no warrants remain outstanding for conversion in the names of the said allottees. The newly allotted equity shares shall rank pari-passu in all respects with the existing equity shares of the Company. FOR BAID FINSERV LIMITED SURBHI RAWAT COMPANY SECRETARY AND COMPLIANCE OFFICER MEMBERSHIP NO: A49694 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 Annexure - 2 The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III therein and SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 as amended/updated from time to time are as under:- S.No. Item Details 1 Type of securities proposed to be issued (viz. equity Fully paid-up equity shares upon shares, convertibles, etc.) conversion of convertible share warrants 2 Type of issuance (further public offering, rights issue, Preferential allotment on a depository receipts (ADR, GDR), qualified institutions private placement basis placement, preferential allotment etc.) 3 Total number of securities proposed to be issued or the Allotment of 72,04,099 (Seventy total amount of which the securities will be issued Two Lakh Four Thousand Ninety (approximately) Nine) Equity Shares of face value of Rs. 2/- each upon conversion of equal number of warrants allotted at an issue price of Rs. 15.10/- each upon receipt of balance consideration of Rs. 11.325/- per warrant (being 75% of the Warrant Issue Price) aggregating to Rs. 8,15,86,421/- (Rupees Eight Crore Fifteen Lakh Eighty Six Thousand Four Hundred Twenty One Only) 4 In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): a Name of the Investors As per Annexure - 1 b Post allotment of securities - outcome of the Pursuant to the aforesaid subscription allotment, the issued, subscribed and paid-up share capital of the Company stands increased in the manner [Showing first 8,000 characters — download PDF for full document]