Halder Venture Limited Approves Board Resolutions, Including Convertible Warrants Issuance
Halder Venture Limited announced several key resolutions passed at a board meeting held on March 26, 2026. The meeting commenced at 3:00 p.m. and concluded at 4:30 p.m.Among the decisions, the company noted the resignation of its Internal Auditor, M/s Somnath Ray & Associates (FRN: 324411E), and subsequently approved the appointment of M/s J Kumar Jain & Associates (FRN: 330168E) as the new Internal Auditor for the Financial Year 2025-2026.
The Board also approved a plan to increase the authorized share capital of the company and a corresponding change to the Memorandum of Association, pending shareholder approval via postal ballot.
Furthermore, the company approved the creation, issue, and offer of 7,93,650 convertible warrants with a face value of ₹10 each, priced at ₹315 per warrant (including a premium of ₹305). These warrants will be issued to specified persons/entities as detailed in Table 1, and are subject to shareholder approval through a postal ballot.
Finally, the Board approved a postal ballot notice to seek consent from the company’s members.
Table 1: Details of Convertible Warrant Allottees
| Sl. No | Name of the proposed allottees | Category | Max no. of warrants to be issued &allotted | Amount (Rs.) |
|---|---|---|---|---|
| 1 | P.K. Bio Link Private Limited | Non-Promoter | 7,93,650 | 24,99,99,750 |
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