HALDERNSEHalder Venture LimitedLowNeutral
Announced Fri, 24 Apr · 18:09 IST

Halder Venture Limited has informed the Exchange regarding Corrigendum to Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

HALDER · price

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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹244.01
prior close
₹236.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1+7.6+0.9+0.3+3.3-3.2-1.2+0.8-2.2-7.8-7.0-0.9-3.7
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AI summary

Halder Venture Limited has issued a 2nd Corrigendum to its Postal Ballot Notice dated March 26, 2026, which seeks shareholder approval for a preferential issue of 7,93,650 convertible warrants. The corrigendum was issued after NSE raised observations on April 21, 2026, asking the company to provide additional details and clarifications. The issue price has been fixed at Rs. 315 per warrant (including a premium of Rs. 305), based on a valuation report from independent registered valuer CA Sanjay Jhajharia, who determined a minimum floor price of Rs. 314.79 per equity share. The corrigendum clarifies the basis of pricing, the requirement for a valuation report under Regulation 166A(1), and the availability of the Practicing Company Secretary's certificate. Shareholders who have already cast their votes may send comments to the Company Secretary or scrutinizer until April 26, 2026.

Likely market impact

This is a procedural clarification to the ongoing postal ballot and does not change the core terms of the proposed preferential issue. Shareholders should review the corrigendum before the comment deadline of April 26, 2026, as the preferential allotment of warrants could lead to dilution if converted into equity shares.