Halder Venture Limited has announced a postal ballot notice seeking shareholder approval for significant corporate restructuring initiatives. The company has proposed two key resolutions that will enhance its capital structure and funding capabilities.

Authorized Share Capital Enhancement

The company seeks approval to increase its authorized share capital substantially. The proposed enhancement involves expanding the capital base to accommodate future growth and conversion requirements.

The increase in authorized share capital requires alteration to Clause V of the company's Memorandum of Association. This expansion will provide adequate headroom for the proposed convertible warrants and future capital requirements.

Convertible Warrants Issuance

The company proposes to issue convertible warrants on a preferential basis to non-promoter entities. The warrants will provide holders the right to convert into equity shares within a specified timeframe.

Pricing and Valuation Framework

Since the company's equity shares are infrequently traded, the pricing follows SEBI ICDR Regulation 165 requirements. An independent registered valuer, CA Sanjay Jhajharia, conducted the valuation assessment.

Fund Utilization Strategy

The company plans to deploy the raised funds across two primary objectives, with equal allocation for each purpose.

The capital expansion funds will support business operations expansion, network strengthening, and strategic investments. Working capital augmentation will improve the company's overall financial health and support general corporate purposes.

Shareholding Impact Analysis

The preferential issue will result in shareholding pattern changes, with P.K. Bio Link Pvt. Ltd. acquiring a significant stake upon full conversion.

The ultimate beneficial owners of P.K. Bio Link Pvt. Ltd. are Pronoy Bhattacharyya and Pritikona Bhattacharya. The transaction will not result in any change of control or management.

Voting and Timeline Details

The postal ballot process follows electronic voting procedures, with specific timelines established for shareholder participation.

Mr. Manoj Prasad Shaw, Practicing Company Secretary, has been appointed as the scrutinizer for the e-voting process. The company will conduct the entire voting process electronically, with notices sent only to shareholders with registered email addresses.

The resolutions require different approval thresholds - the capital increase needs ordinary resolution approval, while the convertible warrants issuance requires special resolution approval from shareholders.

Halder venture Limited has paid a regulatory fine of Rs. 5,42,800 imposed by the Bombay Stock Exchange (BSE) for non-compliance with board composition requirements under SEBI regulations. The payment was made on March 26, 2026, as disclosed by the company in its regulatory filing dated March 27, 2026.

Regulatory Violation Details

The fine was imposed for non-compliance of Regulation 17(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 pertaining to the composition of the Board of Directors for the quarter ended September 2025. The company received the BSE order via email on March 18, 2026 at 4:41 PM.

Fine Payment Information

The following table provides complete details of the regulatory action and payment:

Compliance Disclosure

The disclosure was made pursuant to Regulation 30 read with Clause 20 of Para A Part A of Schedule III of the SEBI LODR and updated SEBI Master Circular No: HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. This follows the company's earlier disclosure dated March 19, 2026 regarding rejection of waiver application and imposition of the SOP fine by BSE.

Financial Impact

According to the company's disclosure, there is no impact on financial, operational or other activities of the listed entity except to the extent of the fine amount of Rs. 5,42,800 including GST imposed by BSE. The payment was authorized by Company Secretary and Compliance Officer Ayanti Sen, who signed the disclosure document digitally on March 27, 2026.