Halder Venture Limited has informed the Exchange about Action(s) taken or orders passed
HALDER · price
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Bombay Stock Exchange (BSE) has imposed a fine of Rs. 2,59,600 including GST on Halder Venture Limited for non-compliance with Regulation 17(1) of SEBI LODR, which pertains to the required composition of the Board of Directors for the quarter ended December 2025. The company received the fine notice via email dated 27th February 2026 and paid the amount on 27th April 2026. The company had filed a waiver application on 1st March 2026, with the response still awaited. The fine was paid because the company is currently undertaking a preferential issue of warrants and requires clearance of all outstanding dues for in-principle approval from stock exchanges under SEBI ICDR Regulations. The company has requested a refund if the waiver application is accepted.
The fine amount of Rs. 2.6 lakh is not material to the company's financials, but the non-compliance reflects governance issues regarding board composition. The payment was necessary to facilitate the ongoing preferential warrants issue.