The Board vide Board meeting dated 23.07.2025 has accorded its consent to amend the AOA of the Company subject to the approval of the shareholders through postal ballot.
HALDER · price
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Halder Venture Ltd's board, at its meeting on July 23, 2025, approved two key items requiring shareholder approval via postal ballot. First, an amendment to the Articles of Association covering director remuneration rules and the process for capitalising profits and reserves into bonus shares. Second, a bonus issue in the ratio of 2:1, meaning shareholders will receive 2 new equity shares for every 1 share held. The company plans to issue approximately 82,92,090 bonus shares, amounting to Rs. 8.29 crore, to be funded from its securities premium account. The record date to determine eligible shareholders is September 1, 2025, and bonus shares are expected to be credited by September 22, 2025. Paid-up equity capital will rise from Rs. 4.15 crore (41.46 lakh shares) to Rs. 12.44 crore (1.24 crore shares).
Existing shareholders will see their share count triple at no extra cost, which is generally seen as a positive signal of management confidence. However, the share price typically adjusts downward on the ex-date in proportion to the bonus ratio, so the overall value of holdings should remain broadly the same in the short term.