Halder Venture Ltd

Halder Venture Limited: Trading window closed from Oct 01, 2026 till 48 hours after the declaration of the Unaudited Financial Results of the Company for the quarter ended September 30, 2026

Resignation of Company Secretary & Compliance Officer

• Ayanti Sen resigns as Company Secretary & Compliance Officer, effective close of business on September 9, 2026.
• Reason: personal reasons and pursuit of better professional opportunities.

AGM outcomes

• All resolutions proposed at the 44th AGM were passed by the requisite majority.

AGM details

• AGM held on September 7, 2026 via VC/OAVM from 11:00 AM to 11:52 AM.
• Remote e-voting facility provided and voting conducted electronically on the day.
• Scrutinizer appointed: Manoj Shaw & Co., Practising Company Secretaries.

Key resolutions

• Adopt Audited Standalone and Consolidated Financial Statements for year ended March 31, 2026.
• Re-appoint Poulomi Halder, retiring by rotation.
• Appoint M/s P. Somani & Co. as Statutory Auditors.
• Ratify remuneration to Cost Auditor.
• Pay Commission to Poulomi Halder, Non-Executive Non-Independent Director.
• Increase borrowing limits and limits for loans, guarantees, securities and investments.

Voting results

• Resolution 1 passed with 99.99% in favour.
• Resolution 2 passed with 99.99% in favour.
• Resolution 3 passed with 99.99% in favour.
• Resolution 4 passed with 99.99% in favour.
• Resolution 5 passed with 99.99% in favour.
• Resolution 6 passed with 99.99% in favour.

Director changes

• Poulomi Halder re-appointed by rotation.

Auditor appointments

• Statutory Auditor appointment: M/s P. Somani & Co.
• Cost Auditor remuneration ratification.

Other approvals

• Special resolution approved: higher borrowing and investment limits.

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.