Halder Venture Limited has informed the Exchange about Preferential issue
HALDER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Halder Venture's board, at its meeting on 26 March 2026, approved multiple items. The company accepted the resignation of its internal auditor M/s Somnath Ray & Associates (due to increased professional commitments) and appointed M/s J Kumar Jain & Associates as the new internal auditor for FY 2025-26. The board also approved raising the authorised share capital from Rs. 13.42 crore to Rs. 18.42 crore by creating an additional 50 lakh equity shares of Rs. 10 each, subject to shareholder approval via postal ballot. Additionally, it approved a preferential issue of up to 7,93,650 convertible warrants at Rs. 315 each (face value Rs. 10, premium Rs. 305) to P.K. Bio Link Private Limited (a non-promoter entity), potentially raising around Rs. 25 crore. A postal ballot notice was also approved to seek shareholder consent for these changes.
The preferential warrant issue of ~Rs. 25 crore to a non-promoter entity could lead to equity dilution once warrants are converted, but brings fresh capital into the company. Existing shareholders will need to approve the capital increase and preferential issue via postal ballot. The change in internal auditor mid-FY is routine but worth noting for governance tracking.