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Baid Finserv Limited ( (IN:BAIDFIN) ) has shared an announcement.
Baid Finserv Limited announced the successful completion of its Rights Issue, which involved the issuance of up to 3,00,17,075 fully paid-up equity shares at a price of Rs. 10 per share. The Rights Issue was well-received, with a total of 762 valid applications for 32,324,778 Rights Equity Shares, leading to the allotment of 30,017,075 shares. This move is expected to strengthen the company’s capital base and enhance its market positioning.
More about Baid Finserv Limited
Baid Finserv Limited operates in the financial services industry, offering a range of financial products and services. The company is focused on providing equity shares and has a market presence in India, with its registered office located in Jaipur, Rajasthan.
Average Trading Volume: 15,914
Technical Sentiment Signal: Sell
Current Market Cap: 1.5B INR
See more insights into BAIDFIN stock on TipRanks’ Stock Analysis page.