HALDERNSEHalder Venture LimitedMediumNeutral
Announced Thu, 26 Mar · 18:16 IST

Halder Venture Limited has informed the Exchange about issue of Securities

Auditor Resigned MidtermManagement Changes View source PDF

HALDER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹252.00
prior close
₹245.00
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AI summary

Halder Venture Limited's board, at its meeting on 26 March 2026, noted the resignation of internal auditor M/s Somnath Ray & Associates (FRN: 324411E) citing increased professional commitments, and immediately appointed M/s J Kumar Jain & Associates (FRN: 330168E), a Kolkata-based peer-reviewed firm established in 2018, as the new internal auditor for FY 2025-26. The board also approved increasing 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, the board approved issuing up to 7,93,650 convertible warrants at Rs. 315 per warrant (including Rs. 305 premium) to non-promoter entity P.K. Bio Link Private Limited, raising approximately Rs. 24.99 crore on preferential basis, also subject to shareholder approval.

Likely market impact

For shareholders, this signals a quick internal auditor churn (resignation just days into the role) alongside a significant capital-raising move of nearly Rs. 25 crore through warrants to a single non-promoter allottee, which could dilute existing equity once converted. The authorised capital increase accommodates this and potential future issuances; both the capital expansion and warrant issue require shareholder approval via postal ballot.