Key Dates

  • AGM Date: Wednesday, September 23, 2026 at 03:00 PM IST
  • Record Date for Dividend: Wednesday, September 16, 2026
  • Dividend Payment Date: On or before Thursday, October 22, 2026
  • Remote E-voting Period: September 19, 2026 (09:00 AM) to September 22, 2026 (05:00 PM)
  • Cut-off date for voting rights: September 16, 2026

Ordinary Business Items

Item 1: Adoption of Financial Statements

To adopt the audited financial statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.

Item 2: Declaration of Final Dividend

To declare final dividend of ₹0.10 per equity share (5% of Equity Share of ₹2 each) as recommended by the Board of Directors for Financial Year 2025-26.

Item 3: Appointment of Director Retiring by Rotation

To appoint a director in place of Mrs. Alpana Baid, Non-Executive Director (DIN: 06362806), who retires by rotation and being eligible, has offered herself for re-appointment.

Special Business Items

Item 4: Re-appointment of Chairman and Managing Director

Special Resolution to re-appoint Mr. Panna Lal Baid (DIN: 00009897, age 83 years) as Chairman and Managing Director for a period of 3 years from April 1, 2027 to March 31, 2030.

Remuneration Details:

  • Total remuneration not exceeding ₹8,00,000 per month
  • Basic Salary: Not exceeding ₹5,00,000 per month
  • Perquisites: Medical reimbursement (not exceeding one month's salary per year), Leave Travel Concession (once a year, not exceeding one month's salary), Club fees (maximum two clubs)
  • Benefits: Provident Fund/Superannuation contributions, Gratuity (not exceeding half month's basic for each completed year), Earned leave
  • Other entitlements: Conveyance (company car with driver), Telephone facility, Reimbursement of business expenses
  • No sitting fees for board/committee meetings

Other Terms:

  • Not liable to retire by rotation
  • Appointment terminable by either party with three months' notice
  • Entitled to minimum remuneration in case of loss/inadequate profits within Schedule V limits

Item 5: Appointment of Independent Director

Special Resolution to appoint Mr. Himanshu Kumar Jain (DIN: 11847212) as Non-Executive Independent Director for a term of 5 years from August 13, 2026 to August 12, 2031. He was appointed as Additional Director on August 13, 2026 and has submitted declaration of independence.

Item 6: Alteration of Memorandum of Association

Special Resolution to amend Clause III(A) of the MOA by inserting a new sub-clause to broaden the Company's main objects relating to financing and lending activities. The amendment will enable the company to undertake various financing activities including vehicle loans, mortgage loans, personal loans, gold loans, MSME loans, corporate finance, co-lending, securitization, and digital lending as permitted under applicable laws.

Financial Information (FY 2025-26)

  • Total Revenue: ₹9,726.58 lakhs
  • Total Expenditure: ₹7,911.48 lakhs
  • Profit Before Tax: ₹2,007.30 lakhs
  • Tax Expenses: ₹509.81 lakhs
  • Profit After Tax: ₹1,497.49 lakhs

Dividend Information

  • Final Dividend: ₹0.10 per equity share (5% of face value ₹2)
  • Record Date: September 16, 2026
  • Payment Date: On or before October 22, 2026
  • Dividend payment will be subject to TDS deduction as per Income Tax Act, 1961
  • Unclaimed dividends for seven years will be transferred to Investor Education and Protection Fund (IEPF)

Shareholding Pattern (as of March 31, 2026)

  • Mrs. Alpana Baid: 32,86,875 equity shares (2.12%)
  • Mr. Panna Lal Baid: 62,87,625 equity shares (4.06%)
  • Mr. Himanshu Kumar Jain: No shares

Additional Information

  • AGM will be conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM)
  • Annual Report available on company website: www.baidfinserv.com/annual-report
  • Registrar and Share Transfer Agent: MCS Share Transfer Agent Limited
  • Scrutinizer for e-voting: CS Manoj Maheshwari, FCS 3355 (Alternate: CS Sunita Manish Agarwal, FCS 11024)
  • Members can join AGM from 02:30 PM IST on September 23, 2026

Voting Instructions

  • Remote e-voting through CDSL platform (www.evotingindia.com)
  • Demat shareholders can vote through their depository participants (CDSL/NSDL)
  • Physical shareholders need to use folio number and PAN for voting
  • Non-individual shareholders require board resolution/authorization for voting

Notes

  • The company is a registered NBFC with RBI
  • The registered office is at "Baid House", IInd Floor, 1-Tara Nagar, Ajmer Road, Jaipur-302006
  • Company CIN: L65910RJ1991PLC006391
  • The notice contains detailed instructions for e-voting and attending the virtual AGM