Halder Venture Limited reported a consolidated net profit of ₹3,190.24 lakh for the financial year ended March 31, 2026, an increase from ₹2,110.63 lakh in the previous year. Revenue from operations for the year stood at ₹64,619.95 lakh, while total income was ₹69,152.55 lakh. The board approved the audited financial results for the fourth quarter and financial year ended March 31, 2026, on May 29, 2026.

The statutory auditors, Sen & Ray, Chartered Accountants, issued an unmodified audit report on the standalone and consolidated financial results. The auditors drew attention to a matter regarding shareholding by two subsidiaries, Intellect Buildcon Private Limited and Prakruti Commosale Private Limited, which held 8,22,654 shares equivalent to a 6.61% stake. This holding contravenes Section 19 of the Companies Act, 2013. The subsidiaries have commenced disposal of these shares, and the company, backed by legal opinion, believes no financial liability will arise, hence no provision was recognized.

Standalone Financial Performance

On a standalone basis, the company reported a net profit of ₹999.52 lakh for FY26, down from ₹2,311.95 lakh in the previous year. Revenue from operations decreased to ₹45,067.80 lakh from ₹77,226.73 lakh in FY25. Total expenses for the year were ₹46,705.65 lakh. The paid-up equity share capital increased to ₹1,243.81 lakh from ₹414.60 lakh in the prior year.

Consolidated Financial Performance

The consolidated financial results include the performance of subsidiaries such as Intellect Buildcon Private Limited, Prakruti Commosale Private Limited, and Halder Greenfuel Industries Limited. For the quarter ended March 31, 2026, the consolidated net profit was ₹1,913.40 lakh, compared to a loss of ₹841.34 lakh in the same quarter of the previous year. Revenue for the quarter rose to ₹29,991.35 lakh from ₹14,698.67 lakh.

Key Developments

During the quarter ended March 31, 2026, the board approved the issue and allotment of 793,650 convertible warrants at ₹315 per warrant to specified persons or entities via preferential allotment. These warrants are convertible into equity shares within 18 months from the date of allotment. The process is ongoing and subject to statutory approvals.

The company also disclosed the acquisition of the Haldia Manufacturing Unit of K.S. Oil Limited (In liquidation) pursuant to an order from the National Company Law Appellant Tribunal dated March 20, 2025. The company has taken possession and is developing the property. An amount of ₹5,614.09 lakh paid for the leasehold land was transferred to Right of Use Assets, and ₹4,430.09 lakh was incurred on development, with ₹2,282.20 lakh capitalized as of March 31, 2026.

Halder Venture has secured in-principle approval from the National Stock Exchange of India and BSE to issue 7,93,650 warrants on a preferential basis to non-promoters. The warrants are convertible into an equivalent number of equity shares with a face value of ₹10 each at a price of not less than ₹315 per share. This capital raise is subject to the company complying with the provisions of the Companies Act, 2013, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The stock exchanges granted the approval via letters dated July 09, 2026. The approval is specifically for the issue and allotment of the convertible warrants and does not constitute an approval for the listing of the resulting equity shares. Halder Venture is required to make a separate listing application without delay upon allotment, in accordance with Regulation 14 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance and Conditions

The exchanges have advised the company to strengthen internal controls to monitor trades executed by the proposed allottees. This measure is intended to prevent non-compliances regarding trades in contravention of Chapter V of the SEBI ICDR Regulations. Specifically, the company must obtain an undertaking from allottees confirming they will not engage in intra-day trading or sell any shares in the company until the date of allotment.

The responsibility for verifying this undertaking and ensuring compliance rests solely with the issuer company. Any non-compliance observed by the exchanges post-verification could impact the listing of the shares. Additionally, the company must file the listing application within twenty days from the date of allotment, as per Schedule XIX of the ICDR Regulations and a SEBI circular dated June 21, 2023.

Key Details of the Allotment

The exchanges reserve the right to withdraw the in-principle approval if the information provided is found to be incomplete, incorrect, misleading, or false, or if it contravenes any rules or regulations.