Halder Venture Updates Classification of Equity Shares for Preferential Warrant Issue; Price Remains Unchanged

Halder Venture Limited has issued a regulatory disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, providing an update on its proposed preferential issue of 7,93,650 convertible warrants. The disclosure, dated 13th May, 2026, was addressed to both the National Stock Exchange of India Limited and BSE Limited.

Background: Shareholder Approval and Original Classification

The preferential issue of warrants was originally proposed under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"). The proposal received shareholder approval through a postal ballot notice dated 26th March, 2026, with results declared on 30th April, 2026. In the original application and postal ballot notice, the equity shares of the company were classified as "infrequently traded shares" for the purpose of determining the issue price of the warrants.

NSE Directive Triggers Reclassification

Following observations received from the National Stock Exchange of India Limited vide letter Ref: NSE/LIST/54346 dated 12th May, 2026, the equity shares of the company are now required to be considered as "frequently traded shares" in terms of Regulation 164 of the SEBI ICDR Regulations. The company has accordingly revised the classification of its equity shares.

The key details of the update are summarised below:

Parameter: Details Number of Warrants: 7,93,650 Convertible Warrants Issue Type: Preferential Basis Shareholder Approval Date: 26th March, 2026 (Postal Ballot Notice) Results Declared: 30th April, 2026 NSE Letter Reference: NSE/LIST/54346 dated 12th May, 2026 Previous Classification: Infrequently Traded Shares Revised Classification: Frequently Traded Shares Applicable Regulation: Regulation 164, SEBI ICDR Regulations Issue Price Status: Unchanged Pricing Basis: Valuation report from Registered Valuer (Regulation 166A)

Issue Price Remains Unchanged

Despite the reclassification of equity shares, the company has confirmed that the issue price of the warrants shall remain unchanged and will continue to be as specified in the postal ballot notice. The pricing determined by the company, based on the valuation report obtained from the Registered Valuer, will continue to remain applicable in accordance with Regulation 166A of the SEBI ICDR Regulations.

Compliance and Next Steps

Halder Venture has stated that it will take all consequential actions and comply with the applicable provisions of the SEBI ICDR Regulations and other applicable laws in connection with this matter. The company has also informed investors of the aforesaid change through this disclosure. The communication was signed by Ayanti Sen, Company Secretary and Compliance Officer, on 13th May, 2026.

Halder Venture Limited has successfully concluded its postal ballot voting process, announcing results that demonstrate strong shareholder confidence in the company's strategic initiatives. The scrutinizer's report, dated April 29, 2026, reveals overwhelming approval for key corporate resolutions that will shape the company's capital structure and growth trajectory.

Postal Ballot Process and Timeline

The remote e-voting process was conducted in accordance with Section 108 of the Companies Act, 2013, and the Companies (Management and Administration) Rules, 2014. The voting period remained open from March 31, 2026, at 10:00 a.m. (IST) to April 29, 2026, at 5:00 p.m. (IST). Shareholders holding shares as of the cut-off date of March 27, 2026, were eligible to participate in the voting process.

The company issued the original postal ballot notice on March 26, 2026, followed by two corrigenda on April 13, 2026, and April 24, 2026, providing additional details and clarifications on the proposed items. The scrutinizer reported that no comments were received from shareholders regarding these corrigenda.

Voting Results and Shareholder Participation

A total of 79 members participated in the remote e-voting process, representing 9537140 shares. The voting was conducted through the National Securities Depository Limited (NSDL) e-voting platform, ensuring transparency and security in the process.

Resolution 1: Authorized Share Capital Increase

The ordinary resolution for increasing the authorized share capital and consequent alteration to the capital clause of the Memorandum of Association received exceptional support:

Particulars Members Voted Shares Voted Percentage In Favour 74 9537125 99.9998% Against 5 15 0.0002% Invalid Votes 0 0 0% Total 79 9537140 100%

Resolution 2: Convertible Warrants Issuance

The special resolution for issuance of fully convertible warrants into equity shares on a preferential basis to persons belonging to the non-promoter category also secured strong approval:

Particulars Members Voted Shares Voted Percentage In Favour 70 9536878 99.9973% Against 9 262 0.0027% Invalid Votes 0 0 0% Total 79 9537140 100%

Scrutinizer Appointment and Process

Manoj Prasad Shaw, Company Secretary in Practice (FCS: 5517, CP: 4194), was appointed by the Board of Directors as the scrutinizer for the postal ballot process. The scrutinizer ensured compliance with all regulatory requirements under the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The vote counting process was conducted in the presence of two independent witnesses, Nikita Chokhani and Arit Karmakar, who were not employees of the company or its registrar and transfer agent. All relevant records have been handed over to the Company Secretary for safekeeping as authorized by the Board of Directors.

Corporate Compliance and Documentation

The postal ballot results have been submitted to both the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE) for compliance purposes. The complete scrutinizer's report is available on the company's website at www.halderventure.in , ensuring transparency and accessibility for all stakeholders.

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