Description
BSE announces listing of 17,77,777 equity shares of Hazoor Multi Projects Limited issued through warrant conversion, effective August 29, 2025.
Summary
BSE has approved the listing of 17,77,777 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) issued through conversion of warrants. The shares will commence trading on August 29, 2025, and are subject to lock-in restrictions until February 28, 2026.
Key Points
- 17,77,777 equity shares of Rs. 1/- each issued at Rs. 30/- (including Rs. 29/- premium)
- Shares issued to Non-Promoters on preferential basis through warrant conversion
- Distribution numbers: 218768014 to 220545790
- Date of allotment: March 3, 2025
- ISIN: INE550F01049
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification following warrant conversion procedures.
Compliance Requirements
- Trading members are informed of the new securities availability for trading
- Lock-in restrictions apply to all issued shares until February 28, 2026
- Standard listing compliance requirements applicable
Important Dates
- Allotment Date: March 3, 2025
- Trading Commencement: August 29, 2025
- Lock-in Expiry: February 28, 2026
Impact Assessment
Minimal market impact expected as this represents a routine listing of shares from warrant conversion for a single company. The lock-in period ensures no immediate selling pressure on existing shareholders.
Impact Justification
Routine listing of converted warrants for a single company with minimal market impact