Description
BSE lists 10,00,000 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) issued on a preferential basis via warrant conversion, effective February 27, 2026.
Summary
BSE has listed 10,00,000 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467, ISIN: INE550F01049) effective Friday, February 27, 2026. The shares were issued at Rs. 30/- each (face value Rs. 1/- at a premium of Rs. 29/-) to Non-Promoters on a preferential basis pursuant to conversion of warrants. These shares rank pari-passu with existing equity shares.
Key Points
- 10,00,000 equity shares of Rs. 1/- face value issued at a premium of Rs. 29/- (issue price Rs. 30/-)
- Issued to Non-Promoters on a preferential basis via conversion of warrants
- Shares are pari-passu with existing equity shares
- Distribution numbers: 233339911 to 234339910
- ISIN: INE550F01049
- Trading permitted from February 27, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly allotted securities under a preferential allotment approved by the company.
Compliance Requirements
- Trading members are informed to permit trading of the newly listed securities from the effective date
- Lock-in restriction applies to all 10,00,000 shares (Dist. Nos. 233339911 to 234339910) until September 9, 2026
Important Dates
- Date of Allotment: November 17, 2025
- Trading Effective From: February 27, 2026
- Lock-in Expiry: September 9, 2026
Impact Assessment
The listing of 10,00,000 new shares represents a relatively small preferential allotment for Hazoor Multi Projects Limited. The entire tranche is subject to a lock-in period until September 9, 2026, which limits immediate selling pressure on the secondary market. Broader market impact is minimal given the company’s small-cap profile.
Impact Justification
Routine listing of new equity shares from warrant conversion for a small-cap company; limited broader market impact.