Description

BAID FINSERV LIMITED has fixed the record date of November 17, 2025 for rights issue of equity shares at a ratio of 1:4 at an issue price of Rs. 10 per share.

Summary

BSE has notified that BAID FINSERV LIMITED (Scrip Code: 511724) has fixed November 17, 2025 as the record date for its rights issue. The company is offering 1 equity share of Rs. 2/- face value for every 4 equity shares held, at a premium of Rs. 8/- per share (total issue price of Rs. 10/- per share). Trading in the company’s equity shares will be on ex-rights basis from November 17, 2025 (Settlement No. DR-757/2025-2026).

Key Points

  • Company: BAID FINSERV LIMITED (Scrip Code: 511724)
  • Rights ratio: 1 equity share for every 4 equity shares held
  • Face value: Rs. 2/- per share
  • Premium: Rs. 8/- per share
  • Issue price: Rs. 10/- per share (payable on application)
  • Record date: November 17, 2025
  • Ex-rights date: November 17, 2025
  • Settlement number: DR-757/2025-2026
  • Segment: Dematerialised Securities – Rolling Settlement

Regulatory Changes

No regulatory changes. This is a standard corporate action announcement.

Compliance Requirements

  • Trading members must execute all transactions in BAID FINSERV LIMITED equity shares on ex-rights basis from November 17, 2025
  • Trading members are required to take note of the record date and ex-rights arrangements
  • Issue price of Rs. 10/- per share is payable on application by subscribing shareholders

Important Dates

  • Notice Date: November 12, 2025
  • Record Date: November 17, 2025
  • Ex-Rights Date: November 17, 2025
  • Settlement Number: DR-757/2025-2026

Impact Assessment

Shareholder Impact: Existing shareholders holding shares as of the record date will be eligible to subscribe to the rights issue at a 1:4 ratio. Shareholders must decide whether to exercise their rights, sell them, or let them lapse.

Trading Impact: From November 17, 2025, the stock will trade ex-rights, meaning new buyers will not be entitled to participate in the rights issue. This may result in price adjustment to reflect the rights entitlement separation.

Capital Structure Impact: If fully subscribed, the rights issue will increase the company’s equity base by 25% (1 new share for every 4 existing shares), raising funds at Rs. 10/- per share.

Impact Justification

Standard rights issue announcement affecting existing shareholders of BAID FINSERV LIMITED with a 1:4 ratio