Description

12,50,000 equity shares of Hazoor Multi Projects Limited issued on preferential basis to Non-Promoter pursuant to conversion of warrants, listed and permitted to trade with effect from January 7, 2026.

Summary

BSE has listed 12,50,000 equity shares of Re. 1/- each of Hazoor Multi Projects Limited (Scrip Code: 532467) issued at a premium of Rs. 29/- per share on a preferential basis to Non-Promoter pursuant to conversion of warrants. The shares are permitted to trade on the Exchange with effect from Wednesday, January 7, 2026, and rank pari-passu with existing equity shares.

Key Points

  • 12,50,000 equity shares of Re. 1/- each issued at premium of Rs. 29/- per share
  • Issue price: Rs. 30/- per share
  • Issued to Non-Promoter on preferential basis pursuant to warrant conversion
  • Date of allotment: October 10, 2025
  • Distinctive numbers: 23,15,98,911 to 23,28,48,910
  • ISIN: INE550F01049
  • Shares rank pari-passu with old equity shares
  • All shares subject to lock-in until July 29, 2026

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of new securities
  • Lock-in restrictions apply to all 12,50,000 shares until July 29, 2026
  • Shares cannot be transferred or traded by the allottee during lock-in period

Important Dates

  • January 6, 2026: Notice date
  • October 10, 2025: Date of allotment
  • January 7, 2026: Trading commencement date
  • July 29, 2026: Lock-in expiry date

Impact Assessment

This is a routine administrative listing notification for a small preferential allotment of shares following warrant conversion. The impact is minimal and limited to Hazoor Multi Projects Limited and its Non-Promoter allottee. The lock-in period until July 29, 2026 means these shares will not be available for trading in the market for approximately 7 months, preventing any immediate supply-side impact on the stock’s liquidity or price.

Impact Justification

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