Baid Finserv Ltd - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 For Proposal Of Issuance Of Non- Convertible Debentures On Private Placement Basis.

With respect to cited subject and pursuant to Regulation 30 of Listing Regulations, we wish to inform you that the Members in the 31st Annual General Meeting of the Company held on Thursday, August 25, 2022 approved the proposal of issuance of Non- Convertible Debentures of the Company for an amount not exceeding Rs. 250,00,00,000/- (Rupees Two Hundred and Fifty Crores only) on such terms and conditions as may be decided by the Board from time to time.