Description

491,000 equity shares of Hazoor Multi Projects Limited issued at Rs. 30/- per share to Non-Promoters on preferential basis pursuant to warrant conversion, listed on BSE with effect from January 7, 2026.

Summary

BSE has listed 491,000 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) issued to Non-Promoters on a preferential basis pursuant to warrant conversion. The shares are permitted to trade on the Exchange with effect from Wednesday, January 7, 2026. These shares rank pari-passu with existing equity shares and are subject to lock-in restrictions.

Key Points

  • 491,000 equity shares of face value Rs. 1/- each issued at a premium of Rs. 29/-
  • Issue price: Rs. 30/- per share
  • Issued to Non-Promoters on preferential basis pursuant to conversion of warrants
  • Distinctive Numbers: 232848911 to 233339910
  • Date of Allotment: October 28, 2025
  • ISIN: INE550F01049
  • Shares rank pari-passu with existing equity shares
  • Complete lock-in until July 28, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notification for preferentially allotted shares.

Compliance Requirements

  • Trading members are informed about the new securities listing
  • Lock-in provisions must be enforced by the Exchange and depositories
  • All 491,000 shares are subject to mandatory lock-in until July 28, 2026

Important Dates

  • Date of Allotment: October 28, 2025
  • Listing Date: January 7, 2026 (Wednesday)
  • Lock-in Expiry: July 28, 2026
  • Notice Date: January 6, 2026

Impact Assessment

Limited immediate market impact as the shares constitute a relatively small issuance and are subject to complete lock-in for approximately 7 months. The shares cannot be traded until the lock-in period expires on July 28, 2026. This is a routine corporate action involving warrant conversion by Non-Promoters on a preferential basis. The shares rank equally with existing equity shares, ensuring no dilution of rights for current shareholders.

Impact Justification

Routine listing of preferential allotment shares. Limited impact on trading as shares are locked-in until July 2026.