Postal Ballot Notice
HALDER · price
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Awaiting price reaction for this filing.
Halder Venture Ltd has issued a Postal Ballot Notice seeking shareholder approval via remote e-voting for two key items. First, a Special Resolution to alter the Articles of Association to align director remuneration and capitalization of profits provisions with the Companies Act, 2013. Second, an Ordinary Resolution to issue bonus equity shares in a 2:1 ratio (2 new bonus shares of Rs. 10 each for every 1 existing share), funded from the securities premium account as per the FY2024-25 audited accounts. The record date for the bonus issue is September 1, 2025. E-voting runs from July 28, 2025 to August 26, 2025, with results to be declared by August 28, 2025.
If approved, shareholders will receive 2 additional shares for every 1 held, tripling the share count. The share price will likely adjust proportionally downward after the ex-date, but the overall value should remain the same. The bonus signals that the company has healthy accumulated reserves/securities premium to distribute, which is a positive indicator of past performance.