Description
15,50,000 equity shares of Hazoor Multi Projects Limited listed on BSE with effect from January 7, 2026, issued at Rs. 30/- per share on preferential basis pursuant to conversion of warrants.
Summary
BSE has listed 15,50,000 equity shares of Re. 1/- each 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.
Key Points
- 15,50,000 equity shares of Re. 1/- each listed
- Issue price: Rs. 30/- per share (Re. 1/- face value + Rs. 29/- premium)
- Allotted to non-promoters on preferential basis
- Issued pursuant to conversion of warrants
- Date of allotment: September 19, 2025
- Distinctive Numbers: 230048911 to 231598910
- ISIN: INE550F01049
- Trading commences from January 7, 2026
Regulatory Changes
No regulatory changes announced. This is a standard listing notification.
Compliance Requirements
Trading members are informed that these new securities are permitted to trade on the exchange. All allotted shares are subject to lock-in restrictions as detailed below.
Important Dates
- Date of Allotment: September 19, 2025
- Trading Commencement: January 7, 2026
- Lock-in Period Expiry: July 11, 2026 (for all 15,50,000 shares)
Impact Assessment
This is a routine listing with minimal market impact. The preferential issue represents a fundraising activity through warrant conversion to non-promoter investors. All shares are subject to lock-in until July 11, 2026, preventing immediate trading pressure. The issue size is relatively small and should not significantly affect the stock’s liquidity or price dynamics.
Impact Justification
Routine listing notification for preferential allotment of equity shares to non-promoters. Limited market impact given small issue size and lock-in restrictions.