Description

5,27,500 equity shares of Hazoor Multi Projects Limited listed on BSE with effect from October 15, 2025, issued on preferential basis pursuant to conversion of warrants.

Summary

BSE has approved the listing of 5,27,500 equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) effective October 15, 2025. These shares were issued at Rs. 30/- per share (Re. 1/- face value + Rs. 29/- premium) to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in until April 20, 2026.

Key Points

  • 5,27,500 new equity shares listed with effect from October 15, 2025
  • Scrip Code: 532467, ISIN: INE550F01049
  • Face value: Re. 1/- per share, Issue price: Rs. 30/- per share (including Rs. 29/- premium)
  • Issued to Non-Promoters on preferential basis pursuant to warrant conversion
  • Distribution Numbers: 224433911 to 224961410
  • Date of Allotment: June 24, 2025
  • Shares rank pari-passu with existing equity shares
  • All shares subject to lock-in period

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification following preferential allotment procedures.

Compliance Requirements

  • Trading members must note the listing of new securities effective October 15, 2025
  • Lock-in restrictions must be observed on all 5,27,500 shares until April 20, 2026
  • Shares cannot be transferred or sold during the lock-in period

Important Dates

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

Impact Assessment

This is a company-specific corporate action with minimal market-wide impact. The listing represents a relatively small issuance (5.275 lakh shares) from warrant conversion on a preferential basis. The 18-month lock-in period (from allotment to April 2026) restricts immediate trading liquidity for these shares. Impact is limited to existing shareholders and investors of Hazoor Multi Projects Limited. No changes to trading rules or market operations for other securities.

Impact Justification

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