Halder venture Limited has informed stock exchanges that the Bombay Stock Exchange (BSE) has rejected its waiver application for a regulatory fine imposed due to non-compliance with board composition requirements. The company made this disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Fine Details and Timeline

The BSE had imposed a fine of Rs. 5.42 lakh including GST through an email dated November 28, 2025, for non-compliance with Regulation 17(1) pertaining to board composition for the quarter ended September 2025. The company had initially disclosed this fine on February 13, 2026, along with board comments on the matter.

Waiver Application Process

Halder Venture had submitted a waiver application to BSE on December 01, 2025, explaining its inability to comply with the board composition regulation within the required timeline. However, the company received an email from BSE on March 18, 2026, at 4:41 PM, informing that the waiver application had been rejected.

Regulatory Compliance Details

The fine relates to non-compliance with Regulation 17(1) of SEBI LODR, which pertains to the composition of the Board of Directors. This regulation mandates specific requirements for board composition that listed companies must maintain.

Financial Impact

According to the company's disclosure, there is no impact on financial, operational, or other activities except for the fine amount of Rs. 5.42 lakh including GST imposed by BSE. The company has provided detailed disclosure as required under SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

The disclosure was signed by Ayanti Sen, Company Secretary and Compliance Officer, and submitted to both NSE and BSE for their records and acknowledgment.

Halder venture has disclosed a significant share transaction by one of its promoter entities under SEBI's insider trading regulations. Prakruti Commosale Private Limited, a promoter of the company, sold 18,156 equity shares on March 12, 2026, through the National Stock Exchange.

Transaction Details

The share sale transaction carried substantial value and resulted in a notable change in the promoter's shareholding pattern:

Shareholding Impact

The transaction resulted in a reduction of Prakruti Commosale's stake in Halder Venture Limited:

Regulatory Compliance

Halder Venture Limited filed the disclosure on March 13, 2026, in compliance with Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The disclosure was submitted to both NSE and BSE through the required Form C format.

The transaction was communicated to the company on March 13, 2026, and the disclosure was signed by Keshab Kumar Halder, Director of Prakruti Commosale Private Limited (DIN: 00574080). Company Secretary and Compliance Officer Ayanti Sen acknowledged receipt of the disclosure and filed it with the stock exchanges.

Company Information

Prakruti Commosale Private Limited, incorporated under CIN U52190WB2011PTC164186, operates from the same address as Halder Venture Limited at Diamond Heritage, 16 Strand Road, Kolkata. The disclosure confirmed no derivative trading activities were undertaken in connection with this transaction.