Description
Listing and trading of 8,15,500 equity shares of Hazoor Multi Projects Limited issued on preferential basis pursuant to conversion of warrants, effective November 12, 2025.
Summary
BSE has announced the listing and trading of 8,15,500 equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) effective November 12, 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 May 18, 2026.
Key Points
- 8,15,500 equity shares of Re. 1/- each listed and permitted for trading
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Issue price: Rs. 30/- per share (face value Re. 1/- + premium Rs. 29/-)
- Distinctive Numbers: 229173411 to 229988910
- Date of allotment: August 6, 2025
- ISIN: INE550F01049
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members must note the listing of these new securities for trading purposes effective November 12, 2025.
Important Dates
- Date of Allotment: August 6, 2025
- Trading Commencement: November 12, 2025
- Lock-in Expiry: May 18, 2026
Impact Assessment
This is a routine listing announcement with minimal market impact. The 8,15,500 shares represent additional equity capital for Hazoor Multi Projects Limited issued through warrant conversion. All shares are subject to lock-in until May 18, 2026, preventing immediate trading by allottees. The issuance increases the company’s equity base and provides liquidity for warrant holders post lock-in period.
Impact Justification
Routine listing of preferential allotment shares after warrant conversion for a single company with lock-in restrictions. Limited market-wide impact.