Description

42,12,000 equity shares of Hazoor Multi Projects Limited listed and permitted to trade on BSE from October 17, 2025, issued on preferential basis pursuant to conversion of warrants.

Summary

BSE has announced the listing of 42,12,000 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) effective from Friday, October 17, 2025. These shares were issued at a premium of Rs. 29/- to non-promoters on a preferential basis pursuant to the conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in restrictions until April 21, 2026.

Key Points

  • 42,12,000 equity shares of Re. 1/- each listed on BSE
  • Issued at a premium of Rs. 29/- (total issue price: Rs. 30/-)
  • Issued to non-promoters on preferential basis through warrant conversion
  • Date of allotment: July 8, 2025
  • Trading commences: October 17, 2025
  • ISIN: INE550F01049
  • Distinctive Numbers: 224961411 to 229173410
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing notification for newly issued securities.

Compliance Requirements

  • Trading members must note the new securities are available for trading from October 17, 2025
  • All 42,12,000 shares are subject to lock-in restrictions and cannot be transferred until April 21, 2026
  • Lock-in applies to distinctive numbers 224961411 to 229173410

Important Dates

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

Impact Assessment

This is a routine listing notification with minimal market impact. The issuance represents a preferential allotment to non-promoters through warrant conversion, adding 42.12 lakh shares to the trading pool. However, all newly issued shares are locked in until April 21, 2026, meaning they will not be available for trading during the lock-in period. The impact is limited to Hazoor Multi Projects Limited shareholders and does not affect broader market operations or other market participants.

Impact Justification

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