Baid Finserv has informed that 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, ‘Baid House’, 2nd Floor, 1, Tara Nagar, Ajmer Road, Jaipur 302006 which commenced at 02:00 pm and concluded at 02:30 pm 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 consisting of 15,00,00,000 Equity Shares of Rs 2 each to Rs 40,00,00,000 consisting of 20,00,00,000 Equity Shares of Rs 2 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. Details required under regulation 30 of Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P /CIR/2023/123 dated July 13, 2023 is enclosed as Annexure -1.
