Description
Listing and trading commencement of 60,000 equity shares issued on preferential basis pursuant to warrant conversion, with lock-in until June 30, 2026.
Summary
BSE has approved the listing of 60,000 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) issued on preferential basis to non-promoter following warrant conversion. The shares will commence trading from December 23, 2025, and are subject to a lock-in period until June 30, 2026.
Key Points
- 60,000 equity shares of Re. 1/- each issued at premium of Rs. 29/-
- Issued to Non-Promoter on preferential basis pursuant to warrant conversion
- Issue price: Rs. 30.00 per share
- Distinguished Numbers: 229988911 to 230048910
- Date of Allotment: September 3, 2025
- ISIN: INE550F01049
- Shares rank pari-passu with existing equity shares
- All 60,000 shares under lock-in until June 30, 2026
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing and trading commencement of new securities
- Lock-in provisions must be enforced for all 60,000 shares until June 30, 2026
- New shares carry same rights and privileges as existing equity shares
Important Dates
- Allotment Date: September 3, 2025
- Trading Commencement: December 23, 2025
- Lock-in Expiry: June 30, 2026
Impact Assessment
Minimal market impact expected. The preferential allotment represents a small issuance (60,000 shares) to non-promoter entities through warrant conversion. The lock-in period until June 30, 2026, restricts immediate trading, preventing any short-term liquidity changes. This is a routine corporate action with limited implications for existing shareholders or market participants.
Impact Justification
Routine listing of small preferential allotment (60,000 shares at Rs. 30) to non-promoter via warrant conversion. Minimal market impact due to small size and lock-in restrictions until June 2026.