HALDERNSEHalder Venture LimitedMediumNeutral
Announced Thu, 26 Mar · 18:08 IST

Halder Venture Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.

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 met on 26 March 2026 and approved several items. The existing internal auditor, M/s Somnath Ray & Associates, resigned on 18 March 2026 citing increased professional commitments, and M/s J Kumar Jain & Associates was appointed 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 new equity shares of Rs. 10 each. Additionally, the company will issue up to 7,93,650 convertible warrants at Rs. 315 per warrant (including a Rs. 305 premium) on a preferential basis to P.K. Bio Link Private Limited, a non-promoter entity, raising approximately Rs. 25 crore. All capital-related changes are subject to shareholder approval via postal ballot.

Likely market impact

Shareholders will vote on the capital raise and warrant issue via postal ballot, which could lead to dilution if the warrants are converted. The mid-term change in internal auditor is routine but worth noting; the preferential allotment to a single non-promoter investor at a significant premium may signal a strategic partnership or incoming investor interest.