Outcome of Board 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/2026-27/42 Date: August 26, 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.: 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 Disclosures Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir / Madam, The Board of Directors of the Company in their meeting held on Wednesday, August 26, 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 11:00 A.M. and concluded at 11:30 A.M., inter alia approved the allotment of 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/- (Rupees Thirteen and Ten Paise Only) per share, pursuant to the exercise and conversion of 72,04,099 (Seventy Two Lakh Four Thousand Ninety Nine) convertible warrants against receipt of the balance subscription amount of Rs. 11.325/- per warrant (i.e. 75% of the issue price) as per the details enclosed herewith as Annexure-1. 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 # 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 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 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 Annexure-1 List of Allottees 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 as set out above. Consequently, the promoter group shareholding stands increased from 47.39% to 49.73% c Issue price/ allotted price (in case of convertibles) Warrants had been allotted on April 09, 2025 carrying a right to subscribe to 1 Equity Share per warrant on receipt of amount at the rate of Rs. 3.775/- per warrant (being 25% of the issue price per warrant). Presently, 72,04,099 (Seventy Two Lakh Four Thousand Ninety 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 Nine) Equity Shares have been allotted, to the Four allottees, on receipt of balance amount at the rate of Rs. 11.325/- per warrant (being 75% of the issue price per warrant). d Number of Investors 4 (Four) e In case of convertibles - intimation on conversion of Allotment of 72,04,099 (Seventy securities or on lapse of the tenure of the instrument Two Lakh Four Thousand Ninety Nine) Equity Shares at an issue price of Rs. 15.10/- each (including a premium of Rs. 13.10/- each), upon conversion of equal number of Warrants allotted and receipt of balance consideration amounting to Rs. 8,15,86,421/- (Rupees Eight Crore Fifteen Lakh Eighty Six Thousand Four Hundred Twenty One Only) representing 75% of the issue price per warrant. Pursuant to the aforesaid conversion and allotment, all the outstanding warrants allotted pursuant to the preferential issue have now been fully converted into equity shares. Accordingly, no warrants remain outstanding for conversion. 5 Any cancellation or termination of proposal for issuance NA of securities including reasons thereof. FOR [Showing first 8,000 characters — download PDF for full document]