Baid Leasing and Finance Company has received approval for issue of Non-Convertible Debentures (NCDs) for an amount not exceeding Rs 250 crore subject to approval of Shareholders at the ensuing Annual General Meeting on such terms and conditions and at such times at par or at such premium, and to such persons as may be decided by the Board from time to time.
The Board of Directors of the Company at its meeting held on July 21, 2020 has approved the same.
Baid Leasing and Finance Company was incorporated as a public limited company on December 20, 1991, under the Companies Act, 1956. The company is engaged in the business of leasing and hire purchase, auto finance business etc.
