Description
BSE announces listing of 60,000 equity shares of Hazoor Multi Projects Limited issued on preferential basis pursuant to conversion of warrants, effective December 23, 2025.
Summary
BSE has approved the listing of 60,000 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) with effect from December 23, 2025. These shares were issued to a non-promoter on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 30.00 per share (face value Re. 1 plus premium of Rs. 29). The shares are subject to lock-in 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
- Trading permitted from December 23, 2025
- Issue price: Rs. 30.00 per share
- Shares rank pari-passu with existing equity shares
- Distinctive numbers: 229988911 to 230048910
- Date of allotment: September 3, 2025
- ISIN: INE550F01049
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed that these securities are now permitted to trade on the exchange. The lock-in restrictions must be observed until the specified date.
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 issuance represents a small addition to the company’s equity capital (60,000 shares). The shares are locked-in until June 30, 2026, preventing immediate trading by the allottee. This is a routine preferential allotment following warrant conversion with no material impact on overall market operations or investor requirements.
Impact Justification
Routine listing of small number of shares (60,000) issued to non-promoter on preferential basis. Limited market impact given small issuance size.