Description

42,12,000 equity shares of Hazoor Multi Projects Limited listed on BSE following conversion of warrants on preferential basis to Non Promoters.

Summary

BSE has listed 42,12,000 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) effective from October 17, 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 21, 2026.

Key Points

  • 42,12,000 equity shares of Re. 1/- each listed on BSE
  • Issue price: Rs. 30/- per share (including premium of Rs. 29/-)
  • Issued to Non Promoters on preferential basis through warrant conversion
  • Trading permitted from Friday, October 17, 2025
  • Shares rank pari-passu with existing equity shares
  • All shares subject to lock-in period
  • ISIN: INE550F01049
  • Distinctive Numbers: 224961411 to 229173410

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the new securities are available for trading from October 17, 2025
  • Lock-in restrictions apply to all 42,12,000 shares until April 21, 2026
  • Shares cannot be transferred or sold during the lock-in period except as permitted under applicable regulations

Important Dates

  • Date of Allotment: July 8, 2025
  • Notice Date: October 16, 2025
  • Trading Commencement: October 17, 2025
  • Lock-in Period Ends: April 21, 2026

Impact Assessment

Market Impact: Low. This is a routine listing of preferential allotment shares with lock-in restrictions.

Liquidity Impact: Minimal immediate impact as all shares are locked-in until April 2026, preventing their trading in the secondary market.

Dilution: The new shares increase the equity base of Hazoor Multi Projects Limited. Existing shareholders should note the dilution impact of 42,12,000 additional shares in circulation.

Stakeholder Relevance: Primarily relevant to Hazoor Multi Projects Limited shareholders, the company’s management, and Non Promoter allottees who received the shares.

Impact Justification

Routine listing notice for preferential allotment. Limited market impact as shares are locked-in until April 2026. Relevant primarily to company stakeholders.