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BSE Code : 511724 | NSE Symbol : BAIDFIN | ISIN : INE020D01022 | Industry : Finance & Investments |

Board Meeting

Announcement Date	Date Of Meeting	Purpose	Detail
01-Apr-2025	09-Apr-2025	Preferential Issue	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/04/2025 inter alia to consider and approve allot 12006831 (One Crore Twenty Lakhs Six Thousand Eight Hundred and Thirty One) fully convertible warrants to promoters/promoter group on private placement basis through preferential issue approved by the shareholders of the company in Extraordinary General Meeting (EGM) held on March 12 2025 and as per the in-principle Approval letters dated March 28 2025 received from BSE Limited and National Stock Exchange of India Ltd. for the same. The Board of Directors of the Company in their meeting held today Wednesday, April 09, 2025 at the registered office of the Company which commenced at 11:30 A.M. and concluded at 12:30 P.M., approved the allotment of 1,20,06,831 fully convertible warrants at an issue price of Rs. 15.10/- each including a premium of Rs. 13.10/- per convertible warrants to promoters/promoter group on private placement basis through preferential issue (As Per BSE Announcement Dated on: 09.04.2025)
03-Feb-2025	11-Feb-2025	Quarterly Results	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/02/2025 inter alia to consider and approve Pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform that a meeting of the Board of Directors of the Company will be held on Tuesday February 11 2025 at 04:00 P.M. at the registered office of the Company situated at Baid House IInd Floor 1 Tara Nagar Ajmer Road Jaipur- 302006 (Rajasthan) inter alia to consider the following matters:- 1. To consider and approve the Un-audited financial results of the Company for the Quarter and Nine Months ended on December 31 2024 and to take on record Limited Review Report thereon; 2. To consider and approve the proposal for fund raising by way of issue of equity shares and/or convertible securities or warrants on a preferential basis subject to such regulatory/statutory approvals as may be required including the approval of the shareholders of the Company; and 3. Any other matters related thereto. Dear Sir / Ma'am, The Board of Directors of the Company in their meeting held on Tuesday, February 11, 2025 at the registered office of the Company which commenced at 04:00 P.M. and concluded at 06:00 P.M., inter alia 1. Approved the Un-audited Financial Results for the quarter and nine months ended on December 31, 2024 and took on record the Limited Review Report thereon 2. Approved the insertion of sub-clause (3) to the existing Article 14 of AOA of the Company subject to the approval of members of the company 3. Approved issuance of Warrants convertible into equal number of Equity Shares in one or more tranches, on a private placement basis through preferential issue subject to the approval of shareholders and requisite regulatory / statutory authorities 4. Approved the holding of 01st/2024-25 'EGM' scheduled to be held on Wednesday, March 12, 2025, through Video Conference / Other Audio-Visual means and the matters connected thereto. Board approved the Un-audited Financial Result for the quarter and nine months ended on December 31, 2024 and took on record limited review thereon. (As per BSE Announcement Dated on 11/02/2025)
03-Jan-2025	09-Jan-2025	Raising funds through Debt Instr.	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/01/2025 inter alia to consider and approve and to evaluate the raising of funds through various options available to the Company. Further as intimated earlier in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and the Companys Code of Conduct for Prohibition of Insider Trading the Trading Window for trading in the shares of the Company was closed from January 01 2025 and will remain closed till the end of 48 hours after the declaration of Un-Audited Financial Results for the Quarter and Nine Months ended on December 31 2024 for which the date of meeting of Board of Directors will be intimated as and when finalized for the Directors and Key Management Personnel / Designated Persons / Connected Persons of the Company and their relatives. In furtherance of our intimation of Board Meeting dated January 03, 2025 pertaining to consideration and evaluation by the Board of Directors about the raising of funds, we would like to inform that the Board of Directors of the Company in its meeting held on Thursday, January 09, 2025 at the registered office of the Company situated at, 'Baid House', IInd Floor, 1, Tara Nagar, Ajmer Road, Jaipur 302006 (Rajasthan) which commenced at 04:00 P.M. and concluded at 04:47 P.M. evaluated various options available to the Company to raise the funds from the capital market and decided to further explore other options available with prospective investors and to re-evaluate the currently available options. (As Per BSE Announcement Dated on: 09/01/2025)
06-Nov-2024	14-Nov-2024	Quarterly Results	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2024 inter alia to consider and approve Un-Audited Financial Results of the Company for the Quarter and Half-Year ended on September 30 2024 together with the Statement of Assets and Liabilities as on that date and Statement of Cash Flows for the Half Year ended on September 30 2024 and to take on record Limited Review Report thereon. Further as intimated earlier in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and the Companys Code of Conduct for Prohibition of Insider Trading the Trading Window for trading in the shares of the Company was closed from October 01 2024 and will remain closed till the end of 48 hours after the declaration of Un-Audited Financial Results for the Quarter and Half-Year ended on September 30 2024 for the Directors and Key Management Personnel / Designated Persons / Connected Persons of the Company and their relatives. Approved the Un-audited Financial Result for the quarter and half year ended on September 30, 2024. (As Per Bse Announcement Dated on 14.11.2024)
30-Jul-2024	13-Aug-2024	Quarterly Results	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2024 inter alia to consider and approve Pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby intimate that a meeting of the Board of Directors of the Company will be held on Tuesday August 13 2024 at 03:00 P.M. at the registered office of the Company situated at Baid House IInd Floor 1 Tara Nagar Ajmer Road Jaipur 302006 (Rajasthan) inter alia to consider and approve the Un-Audited Financial Results of the Company for the Quarter ended on June 30 2024 and to take on record Limited Review Report thereon. The Board of Directors of the Company in their meeting held on Tuesday, August 13, 2024 at the registered office of the Company situated at, 'Baid House', IInd Floor, 1, Tara Nagar, Ajmer Road, Jaipur-302006, (Rajasthan) which commenced at 03:00 P.M. and concluded at 05:10 P.M., inter alia transacted the following business: 1. Approved the Un-Audited Financial Results for the Quarter ended on June 30, 2024, pursuant to Regulation 33 of Listing Regulations. (Enclosed herewith as Annexure-1); Furthermore, the Extracts of Un-Audited Financial Results would also be published in the newspapers in compliance with Regulation 47 of the Listing Regulations. 2. Took on record the Limited Review Report on the Un-Audited Financial Results for the quarter ended on June 30, 2024. (Enclosed herewith as Annexure-2); (As Per BSE Announcement Dated on: 13/08/2024)
17-May-2024	27-May-2024	Right Issue	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2024 inter alia to consider and approve 1. To consider and approve the Audited Financial results of the Company for the Quarter and Year ended on March 31st 2024 along with Statement of Assets and Liabilities as on that date and Cash Flows Statement for the year ended on March 31st 2024 and to take on record Auditors Report thereon. 2. Recommendation of Final dividend on the equity shares of the Company for the Financial Year 2023-2024 subject to the declaration of the same by the Shareholders in the ensuing AGM. 3. To consider and approve the raising of funds by issuance of fully paid-up equity shares by way of rights issue to the existing eligible equity shareholders of the company and fix quantum of the issue as may be permitted under applicable law and subject to any regulatory/ statutory approvals as may be required; 4. To constitute Rights Issue Committee as an analogous authority empowered to take necessary actions and to decide terms and conditions in the matter of rights issue of the Company; Recommended Final dividend of Rs 0.10 per equity share, subject to approval of members in the AGM. Outcome of Board Meeting dated May, 27 2024. The Board approved the re-appointment of Internal Auditor and Secretarial Auditor for the FY 2024-2025 (As Per BSE Announcement Dated on 27.05.2024)
29-Feb-2024	05-Mar-2024	Increase in Authorised Capital	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/03/2024 inter alia to consider and approve and make recommendation to the Members of the Company for increase in the authorised share capital of the company and consequent alteration in the Capital Clause of the Memorandum of Association of the Company and to approve notice of Postal Ballot and other matters related thereto. The Board of Directors of the Company in their meeting held on Tuesday, March 05, 2024 at the registered office of the Company situated at 1, Tara Nagar, Ajmer Road, Jaipur-302006 (Rajasthan) which commenced at 02:00 P.M. and concluded at 02: 30 P.M. inter alia transacted the following business: 1. Approved the increase in Authorised Share Capital of the Company from existing Authorised Share Capital of Rs. 30,00,00,000/- (Rupees Thirty Crore Only) consisting of 15,00,00,000 (Fifteen Crore) Equity Shares of Rs. 2/- (Rupees Two only) each to Rs. 40,00,00,000 (Rupees Forty Crore Only) consisting of 20,00,00,000 (Twenty Crore) Equity Shares of Rs. 2/- (Rupees Two only) each and consequent alteration of Capital clause V of Memorandum of Association of the Company relating to share capital of the Company, subject to the Shareholders' approval through postal ballot, 2. Approved the notice of postal ballot and matters related thereto. Approved the increase in Authorised Share Capital of the Company from existing Authorised Share capital of Rs. 30,00,00,000/- (Rupees Thirty Crores Only) consisting of 15,00,00,000 (Fifteen Crores) Equity Shares of Rs 2/- (Rupees Two Only) each to Rs 40,00,00,000 (Rupees Forty Crores) consisting of 20,00,00,000 (Twenty crores) Equity Shares of Rs.2 (Rupees Two Only) each and consequent alteration of Capital clause V of Memorandum of Association of the Company relating to share capital of the Company, subject to Shareholder''s approval through postal ballot. (As per BSE Announcement Dated on 05/03/2024)
31-Jan-2024	09-Feb-2024	Quarterly Results	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/02/2024 inter alia to consider and approve Pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 we hereby intimate that a meeting of Board of Directors of the company will be held on Friday February 09 2024 at 04:00 P.M at the Registered office to consider and approve un-audited financials results for the quarter and nine months ended on December 31 2023. Intimation of completion of second and final term of Mr. Mudit Singhi (DIN: 03171115) and Mr. Monu Jain (DIN: 02609467) as an Independent Directors of the company on March 31, 2024 and consequently they will cease to be an Independent Directors of the Company at the closure of Business hours on March 31, 2024. The Board of Directors of the Company in their meeting held on February 09, 2024 at the registered office of the Company situated at, 'Baid House', 2nd Floor, 1, Tara Nagar, Ajmer Road, Jaipur 302006 which commenced at 04:00 P.M. and concluded at 06:15 P.M., inter alia transacted the following business: 1. Approved the Un-audited Financial Results for the quarter and nine months ended on December 31, 2023 pursuant to Regulation 33 of Listing Regulations. 2. Took on record the Limited Review Report on the Un-Audited Financial Results for the quarter and nine months ended on December 31, 2023. 3. Took note that the second and final term of Mr. Mudit Singhi (DIN: 03171115) and Mr. Monu Jain (DIN: 02609467) as an Independent Directors of the company will be completed on March 31, 2024 and consequently they will cease to be an Independent Director of the Company at the closure of business hours on March 31, 2024. (As Per BSE Announcement Dated on 09/02/2024)
26-Oct-2023	07-Nov-2023	Quarterly Results	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2023 inter alia to consider and approve the Un-audited financial results of the Company for the Quarter and Half Year ended on September 30 2023 together with the statement of Assets and Liabilities as on that date and Cash Flow Statement for the Half Year ended on September 30 2023 and to take on record Limited Review Report thereon. Further as intimated earlier in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and the Companys Code of Conduct for Prohibition of Insider Trading the Trading Window for trading in the shares of the Company was closed from October 01 2023 and will remain closed till the end of 48 hours after the declaration of Un-audited Financial Results for the Quarter and Half Year ended on September 30 2023 for the Directors and Key Management Personnel / Designated Persons / Connected Persons of the Company and their relatives. BAID FINSERV LIMITED has informed BSE about Board Meeting to be held on 07 Nov 2023 to consider financial statements for the period ended September 2023. Financial results. The Board of Directors of the Company in their meeting held on Tuesday, November 07, 2023 at the registered office of the Company situated at, 'Baid House', 2nd Floor, 1, Tara Nagar, Ajmer Road, Jaipur 302006 which commenced at 04:00 P.M. and concluded at 7:50 P.M. inter alia transacted the following business: 1. Approved the Un-audited Financial Results for the quarter and half year ended on September 30, 2023 together with the statement of Assets and Liabilities as on that date and Cash Flow Statement for the Half Year ended on September 30, 2023 pursuant to Regulation 33 of Listing Regulations. Further, the extracts of Un-Audited Financial Results would also be published in the newspapers in compliance with Regulation 47 of the Listing Regulations. 2. Took on record the Limited Review Report on the Un-Audited Financial Results for the quarter and half year ended on September 30, 2023. (As per BSE Announcement Dated on 07/11/2023)
25-Jul-2023	04-Aug-2023	Quarterly Results	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/08/2023 inter alia to consider and approve Approval of Un-audited Financial Results of the Company for the Quarter ended on June 30 2023 and to take on record Limited Review Report thereon. Recommendation of Final dividend on the equity shares of the Company for the Financial Year 2022-2023 subject to the declaration of the same by the Shareholders in the ensuing Annual General Meeting. Approval for issuance of Non-Convertible Debentures on private placement basis in one or more tranches from time to time subject to the approval of Shareholders in the ensuing Annual General Meeting. Recommended Final Dividend of Rs. 0.10/- per Equity Share for the Financial Year 2022-23 subject to declaration of same by members in ensuing AGM. Appointed Mr. Surendra Kumar Singhi as Additional Director ( Non Executive Independent) of the Company. The Record date has been fixed as August 31, 2023 for the purpose of ascertaining the entitlement of members for the purpose of Final Dividend. (As Per BSE Announcement Dated on 04.08.2023)
09-May-2023	19-May-2023	Accounts	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/05/2023 inter alia to consider and approve The Audited Financial results of the Company for the Quarter and Year along with Statement of Assets and Liabilities as on that date and Cash Flow Statement for the year ended on March 31 2023 and to take on record Auditors Report thereon. The Board of Directors of the Company in their meeting held on Friday, May 19, 2023 at the registered office of the Company situated at, 'Baid House', IInd Floor, 1, Tara Nagar, Ajmer Road, Jaipur-302006, (Rajasthan) which commenced at 04:00 P.M. and concluded at 05:30 P.M., inter alia transacted the following business: 1. Approved the Audited Financial Results for the Quarter and Year ended on March 31, 2023 along with the Statement of Assets and Liabilities as on that date and Statement of Cash Flows for the year ended on March 31, 2023 and took on record Auditor's report thereon pursuant to Regulation 33 of SEBI LODR; Further Declaration duly certified by Mr. Aditya Baid, Chief Financial Officer of the company, that the Auditor's report is with unmodified opinion on Audited Financial Results of the Company for the Quarter and Year ended on March 31, 2023. (Enclosed herewith as Annexure-2). (As per BSE Announcement Dated on 19/05/2023)
31-Jan-2023	13-Feb-2023	Quarterly Results	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2023 inter alia to consider and approve the Un-audited Financial results of the Company for the Quarter and Nine Months ended on December 31 2022 and to take on record Limited Review Report thereon. Further as intimated earlier in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and the Companys Code of Conduct for Prohibition of Insider Trading the Trading Window for trading in the shares of the Company was closed from January 01 2023 and will remain closed till the end of 48 hours after the declaration of Un-audited Financial Results for the Quarter and Nine Months ended on December 31 2022 for the Directors and Key Management Personnel / Designated Persons / Connected Persons of the Company and their relatives. The Board of Directors of the Company in their meeting held on Monday, February 13, 2023 at the registered office of the Company situated at, 'Baid House', IInd Floor, 1, Tara Nagar, Ajmer Road, Jaipur 302006 (Rajasthan) which commenced at 04:00 P.M. and concluded at 4:30 P.M. inter alia transacted the following business: 1. Approved the Un- Audited Financial Results for the Quarter and Nine months ended on December 31, 2022. 2. Took on record the Limited Review Report on the Un - Audited Financial Results for the quarter and Nine Months ended on December 31, 2022. (As Per BSE Announcement Dated on 13/02/2023)
04-Nov-2022	14-Nov-2022	Quarterly Results	Baid Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2022 inter alia to consider and approve the Un-audited financial results of the Company for the Quarter and Half Year ended on September 30 2022 together with the statement of Assets and Liabilities as on that date and Cash Flow Statement for the Half Year ended on September 30 2022 and to take on record Limited Review Report thereon. Further as intimated earlier in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and the Companys Code of Conduct for Prohibition of Insider Trading the Trading Window for trading in the shares of the Company was closed from October 01 2022 and will remain closed till the end of 48 hours after the declaration of Un-audited Financial Results for the Quarter and Half Year ended on September 30 2022 for the Directors and Key Management Personnel / Designated Persons / Connected Persons of the Company and their relatives. The Board of Directors of the Company in their meeting held on Monday, November 14, 2022 at the registered office of the Company which commenced at 04:30 P.M. and concluded at 05:00 P.M., transacted the following business: 1. Approved the Un - Audited Financial Results for the quarter and half year ended on September 30, 2022 along with the statement of assets and liabilities as on that date and cash flow statement for the half year ended on September 30, 2022. 2. Took on record the Limited Review Report on the Un - Audited Financial Results for the quarter and half year ended on September 30, 2022. . 3. Appointed Ms. Surbhi Rawat, an Associate Member of the Institute of Company Secretaries of India (ICSI) having membership no. ACS 49694, as the Company Secretary and Compliance Officer of the Company with effect from November 14, 2022. 1. Approved the Un - Audited Financial Results for the quarter and half year ended on September 30, 2022 along with the statement of assets and liabilities as on that date and cash flow statement for the half year ended on September 30, 2022 pursuant to Regulation 33 of the Listing Regulations. Further, the extracts of financial results would also be published in the newspapers in compliance with Regulation 47 of the Listing Regulations. 2. Took on record the Limited Review Report on the Un - Audited Financial Results for the quarter and half year ended on September 30, 2022. Pursuant to Regulation 30 of Listing Regulations, we would like to inform that the Board of Directors of the Company at its meeting held on Monday, 14th day of November, 2022 have considered and approved, appointment of Ms. Surbhi Rawat (ICSI Membership No.: A49694) as Company Secretary and Compliance Officer of the Company w.e.f November 14, 2022 in terms of the provisions of Section 203 of the Companies Act, 2013 and Regulation 6 of the Listing Regulations. Pursuant to Regulation 30(5) of Listing Regulations, we would like to inform that the Board of Directors of the Company at its meeting held on Monday, 14th day of November, 2022 have severally authorized Mr. Panna Lal Baid (CMD), Mr. Aman Baid (WTD), Mr. Aditya Baid (CFO) and Ms. Surbhi Rawat (CS) for the purpose of determining materiality of an event or information and for the purpose of making disclosures to the stock exchange. (As Per BSE Announcement Dated on 14.11.2022) Pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of newspaper advertisement pertaining to Extract of Un-audited Financial Results of the Company for Quarter and Half Year ended September 30, 2022, published in the following newspapers on November 15, 2022: 1. Financial Express (National daily newspaper) 2. Nafa Nuksan (Daily newspaper of the State) The same has been made available on the Company website www.baidfinserv.com. (As per BSE Announcement Dated on 15/11/2022)
16-Jul-2022	26-Jul-2022	Quarterly Results	BAID LEASING AND FINANCE CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/07/2022 inter alia to consider and approve 1. Un-audited Financial Results of the Company for the Quarter ended on June 30 2022 and to take on record Limited Review Report thereon. 2. Final dividend on the equity shares of the Company for the Financial Year 2021-2022 subject to the declaration of the same by the Shareholders in the ensuing Annual General Meeting. 3. issuance of Non-Convertible Debentures on private placement basis in one or more tranches from time to time subject to the approval of Shareholders in the ensuing Annual General Meeting. Recommended Final dividend of Re. 0.10/- (5% of Equity Share of Rs. 2 each) per Equity share for the Financial Year 2021-2022, subject to the declaration of the same by the members in the ensuing Annual General Meeting. 1. Un-audited Financial Results for the quarter ended on June 30, 2022. 2. Final dividend of Re. 0.10/- (5% of Equity Share of Rs. 2 each) per Equity share for the Financial Year 2021-2022, subject to the declaration of the same by the members in the ensuing Annual General Meeting. 3. Non-Convertible Debentures on private placement basis, in one or more tranches upto an amount of Rs. 250 Crores from time to time, subject to the approval of members of the company in ensuing Annual General Meeting. 4. Re-appointment of Mr. Aman Baid (DIN: 03100575), as Whole Time Director of the Company 5. Approved the Notice of 31st Annual General Meeting ('AGM') Un-audited Financial Results for the quarter ended on June 30, 2022 pursuant to Regulation 33 of Listing Regulations and took on record Limited Review Report. Recommended Final dividend of Re. 0.10/- (5% of Equity Share of Rs. 2 each) per Equity share for the Financial Year 2021-2022, subject to the declaration of the same by the members in the ensuing Annual General Meeting. Approved Issuance of Non-Convertible Debentures on private placement basis, in one or more tranches upto an amount of Rs. 250 Crores from time to time, subject to the approval of members of the company in ensuing Annual General Meeting. Approved re-appointment of Mr. Aman Baid (DIN: 03100575), as Whole Time Director of the Company, for a further period of 3 (Three) years w.e.f. June 01, 2023, subject to the approval of members of the company in ensuing Annual General Meeting. Further, in compliance with BSE Limited Circular No. LIS/COMP/14/2018-19 dated June 20, 2018, and as per the confirmation received from Mr. Aman Baid, this is to confirm that he is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. The details of Appointee Director as per Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is enclosed herewith. (As Per BSE Announcement Dated on 26.07.2022)
25-Apr-2022	04-May-2022	Accounts	BAID LEASING AND FINANCE CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/05/2022 inter alia to consider and approve 1. Audited Financial Results of the Company for the Quarter and Year ended on March 31 2022 along with the statement of assets and liabilities as on that date and cash flow statement for the year ended on March 31 2022 and to take on record Auditors report thereon. 2. Recommendation for increase in Authorised Share Capital of the Company and consequent alteration of Capital clause of Memorandum of Association of the Company. 3. Recommendation for issue of bonus equity shares of the Company. 4. Recommendation for change of name of the Company and consequent alteration in Memorandum of Association (MOA) and Articles of Association (AOA) of the Company. 5. Notice of Postal Ballot. Approved for issue of bonus equity shares in the ratio 1:1 i.e. 1 (One)equity share of Rs.2/- (Rupees Two Only) each for every 1 (One) equity share of Rs. 2/- (Rupees Two Only) each subject to the approval of the members. The Board of Directors of the Company in their meeting held on Wednesday, May 04, 2022 at the registered office of the Company, inter alia transacted the following business: 1. Approved the Audited Financial Results for the quarter and year ended on March 31, 2022 2. Approved to increase Authorised Share Capital of the Company, subject to the approval of the members. 3. Approved forissue of bonus equity shares in the ratio 1:1 i.e. 1 (One)equity share of Rs.2/- (Rupees Two Only) each for every 1 (One) equity share of Rs. 2/- (Rupees Two Only) each subject to the approval of the members. 4. Approved the change in name of the Company from 'BAID LEASING AND FINANCE CO. LTD.' to 'BAID FINSERV LIMITED' and consequent alteration in Memorandum of Association ('MOA') and Articles of Association ('AOA') of the Company, subject to the approval of members of the company. 5. Approved the notice of postal ballot and matters related thereto. Approved the change in name of the Company from 'BAID LEASING AND FINANCE CO. LTD.' to 'BAID FINSERV LIMITED' and consequent alterationin Memorandum of Association ('MOA') and Articles of Association ('AOA') of the Company, subject to the approval of members of the company. Approved to increase Authorised Share Capital of the Company from Rs.17,79,00,000/- (Rupees Seventeen Crore and Seventy Nine Lakh Only) consisting of 8,89,50,000 (Eight Crore Eighty Nine Lakh and Fifty Thousand) Equity Shares of Rs.2/- (Rupees Two) each to Rs. 30,00,00,000 (Rupees Thirty Crores Only) consisting of 15,00,00,000 (Fifteen Crores) Equity Shares of Rs.2/- (Rupees Two) each and consequent alteration of Capital clause V of Memorandum of Association of the Company, subject to the approval of the members. (As Per BSE Announcement Dated on 04.05.2022) Pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of newspaper advertisement pertaining to Extract of Audited Financial Results of the Company for Quarter and Year ended on March 31, 2022, published in the following newspapers on May 06, 2022: 1. Financial Express (National daily newspaper) 2. Nafa Nuksan (Daily newspaper of the State) The same has been made available on the Company website www.balfc.com. (As Per BSE Announcement dated on 06.05.2022)

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Baid Finserv Ltd

Board Meeting