Description
17,77,777 new equity shares of Hazoor Multi Projects Limited listed for trading from August 29, 2025, issued through warrant conversion with lock-in until February 28, 2026.
Summary
BSE has approved the listing of 17,77,777 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) effective from August 29, 2025. These shares were issued at Rs. 30/- per share (Rs. 1/- face value + Rs. 29/- premium) to non-promoters through conversion of warrants on a preferential basis.
Key Points
- 17,77,777 new equity shares of Rs. 1/- each issued at premium of Rs. 29/-
- Issue price: Rs. 30/- per share
- Allotted to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 218768014 to 220545790
- ISIN: INE550F01049
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for new securities issued through warrant conversion.
Compliance Requirements
Trading members are informed that these securities are listed and permitted for trading from August 29, 2025. Standard trading and settlement procedures apply.
Important Dates
- Allotment Date: March 3, 2025
- Trading Commencement: August 29, 2025
- Lock-in Period Ends: February 28, 2026
Impact Assessment
Minimal market impact expected due to the relatively small number of shares and lock-in restrictions until February 2026. The preferential allotment to non-promoters may provide some liquidity once the lock-in period expires. Standard corporate action with no significant operational changes for the exchange or market participants.
Impact Justification
Standard new security listing with limited market impact due to small size and lock-in period