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Baid Finserv Limited ( (IN:BAIDFIN) ) has provided an update.
Baid Finserv Limited has submitted to the stock exchanges an independent statutory auditor’s certificate confirming compliance with Regulation 169 of the SEBI Issue of Capital and Disclosure Requirements Regulations, 2018, in relation to a preferential issue of warrants. The certificate verifies receipt of consideration for 12,006,831 fully convertible warrants issued on a private placement basis to the company’s promoter and promoter group, a step that supports the company’s capital-raising plans and underscores regulatory transparency for existing and prospective shareholders.
More about Baid Finserv Limited
Baid Finserv Limited is a non-banking financial company based in Jaipur, India, providing financial services with a focus on lending and capital market activities. Its equity shares are listed on BSE and the National Stock Exchange of India, giving it access to public capital and a diversified investor base.
Average Trading Volume: 14,010
Technical Sentiment Signal: Sell
Current Market Cap: 1.64B INR
For detailed information about BAIDFIN stock, go to TipRanks’ Stock Analysis page.