
Regulatory10 Jul 2026, 11:53 am
Halder Venture Ltd Receives In-Principle Approval for Warrant Issue
AI Summary
Halder Venture Ltd has received in-principle approval from both NSE and BSE for the issuance of 7,93,650 warrants, convertible into an equal number of equity shares of Rs. 10 each. The issue price for these warrants is set at a minimum of Rs. 315 per share and will be offered on a preferential basis to non-promoters. The stock exchanges have granted this approval, subject to the company complying with all relevant regulations, including the Companies Act, 2013, SEBI (LODR) Regulations, 2015, and SEBI (ICDR) Regulations, 2018. The company is advised to strengthen internal controls and obtain undertakings from allottees to prevent intra-day trading and ensure compliance.
Key Highlights
- In-principle approval received from NSE and BSE for warrant issuance.
- 7,93,650 warrants to be issued, convertible into equity shares.
- Issue price not less than Rs. 315 per share.
- Warrants to be issued on preferential basis to non-promoters.
- Company must comply with SEBI and Companies Act regulations.
Price Impact
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