Halder Venture Limited has informed the Exchange regarding Proceedings of Postal Ballot
HALDER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Halder Venture Limited has announced the results of its Postal Ballot conducted from March 31 to April 29, 2026. Two resolutions were passed with overwhelming shareholder approval: (1) Increase in Authorised Share Capital and consequent alteration to the Memorandum of Association (Ordinary Resolution - passed with 99.9998% votes in favour, representing 9,537,125 shares), and (2) Issuance of Fully Convertible Warrants into Equity Shares on a Preferential Basis to non-promoter category persons (Special Resolution - passed with 99.9973% votes in favour, representing 9,536,878 shares). The voting was conducted through remote e-voting with 79 members participating. The increase in authorised capital suggests the company is preparing for future equity expansion, while the preferential issuance of convertible warrants to non-promoters indicates potential dilution and new investor entry.
Shareholders should note potential dilution from the upcoming issuance of convertible warrants to non-promoter investors. The significant capital increase approved suggests the company may be raising funds or preparing for expansion, which could impact existing shareholder value depending on the terms and pricing of the warrant issuance.