HALDERBSEHalder Venture LtdMediumNegative
Announced Fri, 14 Nov · 23:35 IST

Outcome of BM

Management Changes View source PDF

HALDER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Halder Venture's board met on 14th November 2025 and approved several items. Non-executive Director Prabhat Kumar Haldar resigned citing health issues, with his committee seats reassigned to existing directors. The board approved a proposal to list the company's existing 1,24,38,135 equity shares on NSE (currently BSE-only). The internal auditor Gautam K Dutta passed away on 30th September 2025, and M/s Somnath Ray & Associates was appointed as the new internal auditor for the rest of FY 2025-26. Standalone Q2 FY26 revenue fell sharply to Rs. 6,209.42 lakhs (vs Rs. 11,902.95 lakhs in Q2 FY25), with net profit dropping to Rs. 75.04 lakhs. On a consolidated basis, the company swung to a loss before tax of Rs. 1,365.44 lakhs in Q2, mainly driven by losses in the Edible Oil segment.

Likely market impact

Shareholders should note weak Q2 performance and a swing to consolidated loss, partly offset by the planned NSE listing which may improve liquidity. The director resignation is health-related and the internal auditor change is due to a death — not governance red flags — but the Rs. 1,751.58 lakh dividend still pending from the foreign subsidiary and unreviewed overseas subsidiary accounts are worth watching.