Halder Venture Limited has officially concluded its board meeting on March 26, 2026, approving significant corporate actions including capital structure enhancement and fund raising through convertible warrants. The meeting, held at Diamond Heritage, Kolkata, addressed multiple strategic initiatives as outlined in the company's regulatory filing to NSE (Symbol: HALDER) and BSE (Script Code: 539854).

Board Meeting Outcomes

The board of directors approved five key resolutions during the meeting held from 3:00 PM to 4:30 PM at Diamond Heritage, 16 Strand Road, 10th Floor, Unit-1012, Kolkata-700001. The decisions encompass internal auditor changes, capital structure modifications, and fund raising initiatives, all subject to shareholder approval through postal ballot.

Internal Auditor Transition

The board took note of the resignation of M/s Somnath Ray & Associates (FRN: 324411E), Chartered Accountants, as Internal Auditor effective March 18, 2026, due to increased professional commitments and work pressures. Subsequently, the board approved the appointment of M/s J Kumar Jain & Associates (FRN: 330168E), Chartered Accountants, as the new Internal Auditor for Financial Year 2025-2026.

Authorised Share Capital Enhancement

The board approved a substantial increase in the company's authorised share capital from ₹13.43 crore to ₹18.43 crore, representing an addition of ₹5.00 crore. This enhancement involves creating 50,00,000 additional equity shares of ₹10 each, bringing the total authorised shares to 1,84,25,000 equity shares.

Convertible Warrants Issuance

The board approved the creation and issuance of 7,93,650 convertible warrants with a face value of ₹10 each at a price of ₹315 per warrant, including a premium of ₹305. The entire warrant allocation will be made to P.K. Bio Link Private Limited, a non-promoter entity, for a total consideration of ₹24,99,99,750.

Regulatory Compliance and Implementation

All approved resolutions are subject to shareholder approval through postal ballot, for which the board has also approved the postal ballot notice. The regulatory filing was digitally signed by Ayanti Sen, Company Secretary and Compliance Officer, ensuring compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates under CIN No.: L74210WB1982PLC035117 and maintains its headquarters at Diamond Heritage, Kolkata.

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.