Description
15,50,000 equity shares of Hazoor Multi Projects Limited listed on BSE effective January 7, 2026, issued on preferential basis pursuant to conversion of warrants.
Summary
BSE has listed 15,50,000 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) with effect from Wednesday, January 7, 2026. These shares were issued at a premium of Rs. 29/- to non-promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to a lock-in period until July 11, 2026.
Key Points
- Number of shares listed: 15,50,000 equity shares of Re. 1/- each
- Issue price: Rs. 30/- (Re. 1/- face value + Rs. 29/- premium)
- Allotment to: Non-Promoters on preferential basis
- Issuance basis: Conversion of warrants
- Distribution numbers: 230048911 to 231598910
- ISIN: INE550F01049
- Shares rank pari-passu with existing equity shares
- Trading commencement: January 7, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification for new securities.
Compliance Requirements
Trading members of BSE are informed to note the listing of these new securities for trading purposes effective January 7, 2026.
Important Dates
- Date of Allotment: September 19, 2025
- Trading Commencement: January 7, 2026
- Lock-in Expiry: July 11, 2026
Impact Assessment
The listing represents a capital raise through warrant conversion for Hazoor Multi Projects Limited. The addition of 15,50,000 shares will increase the company’s equity base and may impact liquidity and price discovery for the scrip. The lock-in period until July 11, 2026 ensures that all newly listed shares cannot be traded until that date, limiting immediate supply in the market.
Impact Justification
Routine listing of new securities from warrant conversion for a single company with limited market-wide impact