Intimation of receipt of In-principle Approval received for issue of 7,93,650 warrants convertible into 7,93,650 Equity shares of Rs. 10/- each at a price not less than Rs. 315/- each to ....
FUNDRAISE
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 10 Jul 2026, 11:42 AM IST · BSE ID: 2d046e48-eb02-492a-a366-f4557c40cd84
View Original BSE Filing (PDF)
💡
In Simple Terms
The company got initial approval from stock exchanges to sell warrants that can become shares.
🤖 AI Summary
- Halder Venture secured in-principle approval for 7,93,650 warrants convertible into equity shares.
- The issue price is set at a minimum of Rs. 315 per equity share.
- Approval received from both BSE and NSE for the preferential issue of warrants.
- The company previously received board approval for this warrant issuance plan.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Warrants
7,93,650
Face Value per Equity Share
Rs. 10/-
Minimum Issue Price per Equity Share
Rs. 315/-
Potential Fundraise (approx.)
Rs. 25,00,79,750
🏢 How This Affects the Company
Receipt of in-principle approval signifies progress towards the potential fundraising exercise of Rs. 25,00,79,750, based on the floor price and number of warrants.
The exchanges have advised strengthening internal controls and obtaining undertakings to avoid contravention of SEBI (ICDR) Regulations related to trading by allottees.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. Monitor further updates regarding allotment.
👤
Who Is Affected
Current shareholders' equity base will be impacted upon conversion of warrants into shares. The number of warrants is 7,93,650.
🔍
Management Signal
Management is actively pursuing capital raise through preferential allotment of warrants to non-promoters.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Allotment date of warrants to allottees.
Receipt of final listing approval from exchanges post-allotment.
Completion of all statutory and other regulatory approvals.
MEDIUM RISK
Approval is in-principle and subject to fulfillment of multiple conditions and regulatory compliance.
💡 Investor Takeaway
Halder Venture received in-principle approval from BSE and NSE for issuing 7,93,650 warrants convertible into equity shares at a minimum price of Rs. 315 each, with fundraising potential of Rs. 25,00,79,750.
⚖️ Strengths & Concerns
✅ Positives
- Secured in-principle approval from both BSE and NSE for the warrant issuance, a key procedural step.
- Minimum issue price of Rs. 315 per share provides a clear valuation benchmark for the potential fundraising.
⚠️ Concerns
- The approval is conditional upon fulfilling further listing requirements and regulatory compliances.
- Exchange advises enhanced internal controls for allottees' trades to prevent SEBI (ICDR) Regulation breaches.
📅 Company Track Record
Earlier this year, Halder Venture's board approved this issuance, and the company confirmed warrant issue details in May 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the number of warrants Halder Venture plans to issue?
Halder Venture plans to issue 7,93,650 warrants convertible into equity shares.
What is the minimum price for the equity shares upon warrant conversion?
The minimum price for the equity shares upon conversion of warrants is Rs. 315/- each.
Which stock exchanges have granted in-principle approval for the warrant issue?
In-principle approval has been received from both the National Stock Exchange (NSE) and BSE Limited.
What is the approximate fundraise potential from this warrant issue?
The approximate fundraise potential from issuing 7,93,650 warrants at Rs. 315/- each is Rs. 25,00,79,750.
Questions based on this BSE filing only. For information purposes.