Description

BSE lists 42,12,000 equity shares of Hazoor Multi Projects Limited issued on preferential basis pursuant to conversion of warrants, with lock-in until April 21, 2026.

Summary

BSE has listed 42,12,000 equity shares of Re. 1/- each of Hazoor Multi Projects Limited (Scrip Code: 532467) with effect from Friday, October 17, 2025. These shares were issued at a premium of Rs. 29/- to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until April 21, 2026.

Key Points

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

Regulatory Changes

No regulatory changes announced. This is a routine listing notice.

Compliance Requirements

  • Trading members are informed of the new securities available for trading
  • All 42,12,000 shares (Dist. Nos. 224961411-229173410) are subject to lock-in restrictions

Important Dates

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

Impact Assessment

Limited market impact. This is a company-specific listing event involving preferential allotment to non-promoters following warrant conversion. The lock-in period until April 21, 2026 means these shares cannot be freely traded immediately, reducing short-term liquidity impact. The shares rank equally with existing equity shares of Hazoor Multi Projects Limited.

Impact Justification

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