Description
Listing and trading of 3,00,17,075 equity shares of Rs. 2/- each issued at a premium of Rs. 8/- on rights basis by Baid Finserv Limited, effective December 10, 2025.
Summary
BSE has approved the listing of 3,00,17,075 new equity shares of Baid Finserv Limited (Scrip Code: 511724) issued through a rights issue. The shares are of face value Rs. 2/- each, issued at a premium of Rs. 8/- per share. These securities will be available for trading on the exchange from December 10, 2025, and rank pari-passu with existing equity shares.
Key Points
- Company: Baid Finserv Limited
- Scrip Code: 511724
- Number of new shares: 3,00,17,075 equity shares
- Face value: Rs. 2/- per share
- Issue premium: Rs. 8/- per share
- Issue type: Rights basis
- ISIN: INE020D01022
- Distinctive Numbers: 120068301 to 150085375
- Trading commencement: December 10, 2025 (Wednesday)
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Market participants should note the listing of these new securities for trading purposes. No specific compliance actions required from market participants.
Important Dates
- Date of Allotment: December 8, 2025
- Trading Commencement: December 10, 2025 (Wednesday)
- Notice Date: December 9, 2025
Impact Assessment
This is a routine listing of rights issue shares for Baid Finserv Limited. The addition of 3,00,17,075 new equity shares will increase the company’s outstanding share capital. The impact is limited to shareholders and investors of Baid Finserv Limited, with no broader market implications. The shares being issued at Rs. 10/- (face value Rs. 2/- + premium Rs. 8/-) on rights basis provides existing shareholders the opportunity to subscribe at the offer price.
Impact Justification
Routine listing of rights issue shares for a single company with no broader market implications