Description

527,500 equity shares of Hazoor Multi Projects Limited issued on preferential basis pursuant to warrant conversion listed for trading with effect from October 15, 2025.

Summary

BSE has listed 527,500 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) for trading with effect from Wednesday, October 15, 2025. These shares were issued at a premium of Rs. 29/- to non-promoters on a preferential basis pursuant to the conversion of warrants.

Key Points

  • Number of Shares: 527,500 equity shares of Re. 1/- each
  • Issue Price: Rs. 30/- (Re. 1/- face value + Rs. 29/- premium)
  • Allotment Type: Preferential basis to non-promoters
  • Purpose: Conversion of warrants
  • Distinguished Numbers: 224433911 to 224961410
  • ISIN: INE550F01049
  • Ranking: Pari-passu with existing equity shares
  • Scrip Code: 532467

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification following SEBI regulations for preferential allotment.

Compliance Requirements

  • Trading members are informed of the new securities available for trading
  • Lock-in period must be observed for all 527,500 shares until April 20, 2026
  • Shares rank pari-passu with existing equity shares of the company

Important Dates

  • Date of Allotment: June 24, 2025
  • Trading Commencement: October 15, 2025
  • Lock-in Period Expiry: April 20, 2026
  • Notice Date: October 14, 2025

Impact Assessment

Market Impact: Low. This is a standard listing of preferential shares for a single company. The number of shares (527,500) represents a modest increase to the existing share capital.

Investor Impact: Existing shareholders should note the dilution from the preferential allotment. New shares are subject to lock-in until April 20, 2026, preventing immediate sale by allottees.

Liquidity Impact: Minimal immediate impact as all newly listed shares are locked-in for approximately 18 months from the notice date. Post lock-in expiry, there will be additional floating stock available for trading.

Impact Justification

Routine listing of preferential shares from warrant conversion for a single company with minimal market-wide impact