Halder Venture Ltd

AGM Notice and AR dispatch

• AGM Notice and Annual Report for FY 2025-26 dispatched to 2,082 shareholders via email.
• Dispatch occurred on 14.08.2026; proof of dispatch enclosed.
• Letters sent to non-registered email shareholders with AR access link.
• Annual Report available at the company's website.
• Registrars Maheswari Datamatics Pvt Ltd assisted dispatch.
• Postal office certificate confirms 566 items dispatched on 14.08.2026.
• No financial impact disclosed; update relates to regulatory compliance.

Standalone performance

• Revenue from operations: Rs 18,000.60 lakh in Q1 June 2026.
• Total income: Rs 18,257.08 lakh.
• Profit before tax: Rs 802.91 lakh; tax Rs 241.78 lakh.
• Net profit: Rs 561.13 lakh; EPS Rs 2.28.
• Inventory non-moving rice and rice bran oil carried at cost.

Consolidated performance

• Revenue from operations: Rs 18,707.49 lakh; Total income Rs 19,067.45 lakh.
• Profit before tax: Rs 736.85 lakh; net profit Rs 346.02 lakh.
• Rice revenue Rs 4,848.29 lakh; Oil revenue Rs 14,371.26 lakh.
• Inter-segment revenue Rs 527.44 lakh; gross revenue Rs 18,692.11 lakh.

Capex & asset notes

• Leasehold land transferred to Right-of-use assets; value Rs 5,614.09 lakh.
• Transfer fees Rs 4.23 lakh; depreciation not recognised yet.
• Commercial office Mumbai; capex advance Rs 608.00 lakh; litigation ongoing.
• Convertible warrants: 793,650 at Rs 315; 18-month conversion window.
• Old plant & machinery Rs 142.76 lakh; remaining useful life to be evaluated.
• Rice inventories: Rs 3,898.39 lakh and Rs 2,784.83 lakh non-moving.
• Management actively disposing non-moving inventories.

Risks & other notes

• Non-moving inventories may require impairment; no write-down recognised yet.
• Lease and Mumbai office transfers face litigation; no provisions recognised.
• Non-reviewed overseas subsidiaries included on unaudited basis.

Financial results approved

• Standalone Q1 2026 results approved; revenue 18,000.60 lakhs; total income 18,257.08 lakhs.
• Standalone net profit Rs 56.13 lakhs; profit before tax Rs 802.91 lakhs.
• Consolidated Q1 2026 results approved; revenue 18,707.49 lakhs; total income 19,067.45 lakhs.
• Consolidated net profit Rs 346.02 lakhs; profit before tax Rs 736.85 lakhs.

Auditor reports and review status

• Limited Review Reports by Sen & Ray included with results.
• Two subsidiaries and five step-down subsidiaries outside India not reviewed.
• Notes flag rice and rice bran inventories non-moving; NRV write-down not yet evidenced.
• Old plant & machinery depreciation understated; remaining useful life under assessment.

Key governance / regulatory disclosures

• Convertible warrants: 793,650 warrants issued; conversion within 18 months; approvals pending.
• Section 19 contravention: subsidiary shareholding; management expects no financial liability.
• Leasehold land from KS Oils: transfer in progress; depreciation/lease liability not recognised.
• Consolidated results include unaudited subsidiaries due to incomplete review.

Book closure details

• Book closure from Sep 01, 2026 to Sep 07, 2026 (inclusive).
• Purpose: for the 44th AGM of FY 2025-26.
• Affected security: shares; Register of Members and Transfer Books to be closed.

Financial snapshot

• Standalone revenue ₹45,067.80 lakh; down from ₹77,226.73 lakh.
• Consolidated revenue ₹64,619.95 lakh; down from ₹84,446.96 lakh.
• Standalone PAT ₹999.52 lakh; EPS ₹8.04.
• Consolidated PAT ₹3,190.24 lakh; EPS ₹25.65.

Operational highlights

• Haldia facility activated: 33,000 MT tank farm; 300 MT/day tin/pouch lines; refinery planned FY27.
• Branded portfolio expanded: Omaana/Odaana; Bhojmoti Jeerakathi Rice launched.
• Direct farmer sourcing initiated; InQube collaboration for traceability.
• Export rice 21,896.66 MT; vegetarian protein meal 8,800 MT; markets include Russia, West Africa, Vietnam, Bangladesh.

Capital actions & governance

• NSE listing on 19-Jan-2026; no fresh equity issue.
• 82,92,090 bonus shares issued; paid-up capital ₹12.434 crore; record date 2-Sep-2025.
• Up to 7,93,650 convertible warrants issued to P.K. Bio Link Pvt. Ltd.; ₹24.99 crore.
• Authorized capital increased to ₹18.425 crore; MOA amended.
• M/s P. Somani & Co appointed as Statutory Auditors for 5 years; Poulomi Halder reappointed; Prabhat Haldar resigned (Nov 2025).

Governance & risk

• Board: MD Keshab Halder; 2 Independent Directors; 7 Board meetings in 2025-26.
• Audit Committee held 5 meetings; oversight of internal controls and RPTs.
• SOP fines from BSE for board-composition issues; ₹5,42,800 and ₹2,59,600; waiver pending.
• Vigil mechanism in place; CSR Trust established: The Rekha Halder Foundation.

ESG & sustainability

• Energy efficiency: solar PV at Haldia; steam-line integration at Ahmadpur I.
• Water management: reuse of treated effluent; closed-loop systems underway.
• Waste-to-value: by-products valorisation; 100% food waste diverted from landfill.

Outlook & growth strategy

• FY27: restore standalone momentum; bring Haldia refinery to full operation; branded growth focus.
• Aim to sell 100% production under own brands in East India within three years.
• Scale-up rice and edible oil capacities; disciplined capital allocation and risk management.
• Continue InQube collaboration for traceability and climate-focused agri-technology.

Resolutions proposed

• 44th AGM to be held on Sept 7, 2026 via VC/OAVM.
• Adopt Standalone Financial Statements for year ended March 31, 2026.
• Adopt Consolidated Financial Statements for year ended March 31, 2026.
• Re-appoint Mrs. Poulomi Halder by rotation.
• Appoint M/s P. Somani & Co. as Statutory Auditors for five years.
• Auditors' remuneration to be approved by Audit Committee/Board.
• Ratify cost auditor remuneration of Rs 1,00,000 to J Pal & Co. for 2026-27.
• Approve payment of commission to Mrs. Poulomi Halder up to 1% of net profits.
• Raise borrowing powers to Rs 1,000 Crores.
• Raise limits for loans/investments/guarantees/securities to Rs 1,000 Crores.
• Board authorized to finalize terms with Statutory Auditors.

Meeting Details

• Date, time: August 13, 2026, 04:00 PM, Kolkata registered office.
• Venue: Diamond Heritage, 16 Strand Road, 10th Floor, Room 1012, Kolkata 700001.

Key Agenda Items

• Consider and approve unaudited quarterly financial results for quarter ended June 30, 2026 (standalone and consolidated).
• Any other matter, if required with chair's permission.

Other Notes

• Trading window closed from 1 July 2026; remains closed for 48 hours after unaudited results.