<h1>Halder Venture Ltd Allots Equity Convertible Warrants on Preferential Basis</h1>
The Board of Directors of Halder Venture Limited approved the allotment of equity convertible warrants to a non-promoter group as part of a preferential allotment process. The transaction involves 7,93,650 Equity Convertible Warrants of the company.
The warrants carry a face value of ₹10 each and entitle warrant holders to subscribe for an equivalent number of fully paid-up equity shares in dematerialized form. These were allotted at a price of Rs. 315/- per warrant. The allotment carries a premium of Rs. 305/- per warrant.
The preferential allocation was made to P.K. Bio Link Private Limited, classified as a non-promoter.
| Allottee Name | Category | Number of Warrants Allotted |
|---|---|---|
| P.K. Bio Link Private Limited | Non-Promoter | 7,93,650 |
Following the allotment, Halder Venture Limited confirmed that it had received a subscription amount equivalent to 25% from the warrant holder.
HALDER Stock Price Movement
Halder Venture Limited shares edged higher today, gaining 1.41% in the post-market session to settle at ₹234.54. The stock traded within a tight intraday range, bounded by a low of ₹230.58 and a high of ₹235.8.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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