Description
12,50,000 equity shares of Hazoor Multi Projects Limited listed on BSE with effect from January 7, 2026, issued on preferential basis pursuant to conversion of warrants.
Summary
BSE has announced the listing of 12,50,000 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-Promoter on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until July 29, 2026.
Key Points
- 12,50,000 equity shares of Re. 1/- each listed on BSE
- Issued to Non-Promoter on preferential basis through warrant conversion
- Issue price: Rs. 30/- per share (Re. 1/- face value + Rs. 29/- premium)
- Scrip Code: 532467
- ISIN: INE550F01049
- Distinctive Numbers: 23,15,98,911 to 23,28,48,910
- Shares rank pari-passu with existing equity shares
- Date of Allotment: October 10, 2025
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 sold during the lock-in period
Important Dates
- Allotment Date: October 10, 2025
- Trading Commencement: January 7, 2026
- Lock-in Expiry: July 29, 2026
Impact Assessment
This is a routine listing announcement with minimal market impact. The preferential allotment of 12.5 lakh shares to Non-Promoter entities through warrant conversion represents a modest capital raising exercise. The lock-in period of approximately 6.5 months ensures stability in the shareholding pattern. Trading members can facilitate transactions in these securities from January 7, 2026, subject to lock-in restrictions.
Impact Justification
Routine listing of preferential allotment shares for a single company with modest issue size of 12.5 lakh shares, limited market-wide impact