HALDERNSEHalder Venture LimitedMediumNeutral
Announced Thu, 26 Mar · 18:25 IST

Halder Venture Limited has informed the Exchange regarding Outcome of Board Meeting held on March 26, 2026.

Auditor Resigned MidtermManagement Changes View source PDF

HALDER · price

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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's board, at its March 26, 2026 meeting, accepted the resignation of internal auditor M/s Somnath Ray & Associates (effective March 18, 2026) due to pre-occupation and appointed M/s J Kumar Jain & Associates 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 adding 50 lakh equity shares of Rs. 10 each, alongside a corresponding change in the MOA. Additionally, it cleared a preferential allotment of up to 7,93,650 convertible warrants at Rs. 315 per warrant (face value Rs. 10, premium Rs. 305) to non-promoter P.K. Bio Link Private Limited, mobilising up to roughly Rs. 24.99 crore. All capital-related items are subject to shareholder approval via postal ballot.

Likely market impact

The Rs. ~25 crore preferential warrant issue to a single non-promoter entity signals a meaningful equity infusion but also potential dilution once warrants are converted; shareholders should watch the postal ballot outcome. The mid-term internal auditor change appears routine and unlikely to materially affect the stock.