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Management change

Baid Finserv: With reference to our earlier intimation dated August 13, 2026 bearing reference number BAIDFIN/2026-27/35,…

Baid Finserv (BAIDFIN) filed a disclosure titled "With reference to our earlier intimation dated August 13, 2026 bearing reference number BAIDFIN/2026-27/35, filed". The company is valued at about ₹160 crore.

BCEIE News Desk · Published 21 Oct 2026, 01:10 pm IST · Filing received 21 Oct 2026, 12:54 pm IST

What happened

Baid Finserv (BAIDFIN) filed a disclosure with the exchanges on 21 October 2026 at 12:54 PM titled "With reference to our earlier intimation dated August 13, 2026 bearing reference number BAIDFIN/2026-27/35, filed".

Company snapshot

Baid Finserv is a micro-cap company, with a market value of about ₹160 crore.

The stock last traded at ₹9.89, against a 52-week range of ₹8.8–₹12.98 (23.8% below the high).

Before this filing the shares had moved −6.3% over the month and −2.2% over three months. Average daily turnover over the last 20 sessions was about ₹0.06 crore.

Promoters held 49.73% at the end of Q2 FY27, up 2.34% points from the previous quarter. Foreign institutions owned 0.18% and domestic institutions 0.00%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY262440.33
Q2 FY26244.60.38
Q3 FY26254.80.37
Q4 FY26251.70.07
Q1 FY27224.30.28

What history shows

This is not the company's first management change disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 0.6% on average the next trading day and was up 0.3% on average after five days (4 filings with price data).

Market-wide, 3,974 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
24 Sept 2026Re - appointment of Mr. Panna Lal Baid as Chairman and Managing…+1.5%−1.1%
27 Aug 2026'Submission of Certificate received from Statutory Auditor in terms…+4.0%+3.7%
13 Aug 2026Change in Director(s) of the company.−3.9%−0.7%
13 Aug 2026Appointment of Himanshu Kumar Jain as Non- Executive Independent…−3.9%−0.7%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.