Filter announcements
Loading...
Baid Finserv Limited (Formerly Known as Baid Leasing and Finance Company Limited) is a Non- Deposit Taking NBFC carrying out the business of providing Car Loans, Commercial Vehicle Loans (new & used), MSME Loans, Loan Against Property and other asset backed loans. The Company is deeply penetrated in Rajasthan and has started operations in Madhya Pradesh.
Baid Finserv has scheduled its 35th Annual General Meeting (AGM) via virtual means. The Annual Report for the last financial year is accessible online, and shareholders can participate in remote e-voting.
Baid Finserv reported robust FY26 results: AUM surged 20.35% to ₹476.89 Cr, total income grew 20.16% to ₹99.19 Cr, and PAT rose 11.37% to ₹14.97 Cr. The company diversified its portfolio, expanded Gold Loans, and completed a Rights Issue.
Baid Finserv allotted 72.04 lakh equity shares to the promoter group upon warrant conversion, injecting ₹8.16 Cr. This boosts promoter holding from 47.39% to 49.73%, reflecting increased commitment. All outstanding warrants are now fully converted.
Baid Finserv reconstituted its Audit, Nomination & Remuneration, and Stakeholders’ Relationship Committees. This follows an Independent Director's term completion and the appointment of a new director.
Baid Finserv Board has set a record date for a final dividend of Re. 0.10 (5%) per share for FY2025-26. This proposed dividend is subject to shareholder approval at the upcoming AGM.