Description
15,50,000 equity shares of Hazoor Multi Projects Limited listed and permitted to trade on BSE with effect from January 7, 2026, issued on preferential basis pursuant to conversion of warrants.
Summary
BSE has approved the listing of 15,50,000 equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) issued to non-promoters on a preferential basis pursuant to warrant conversion. The securities will commence trading on January 7, 2026, and are subject to a lock-in period until July 11, 2026.
Key Points
- 15,50,000 equity shares of Re. 1/- each issued at a premium of Rs. 29/-
- Issue price: Rs. 30/- per share
- Allotted to non-promoters on preferential basis pursuant to conversion of warrants
- Shares ranking pari-passu with existing equity shares
- Distinctive Numbers: 230048911 to 231598910
- ISIN: INE550F01049
- All shares subject to lock-in until July 11, 2026
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing and commencement of trading from January 7, 2026
- Lock-in restrictions applicable on all 15,50,000 shares until July 11, 2026 must be observed
Important Dates
- Date of Allotment: September 19, 2025
- Trading Commencement: January 7, 2026
- Lock-in Expiry: July 11, 2026
Impact Assessment
This is a routine listing event with minimal market impact. The preferential allotment represents capital raising through warrant conversion for Hazoor Multi Projects Limited. The lock-in period until July 11, 2026, ensures that allottees cannot immediately sell their holdings, providing stability. Market participants should note the increased share capital and potential supply once the lock-in expires.
Impact Justification
Routine listing of preferential allotment shares from warrant conversion for a small-cap company, limited market-wide impact