Description

BSE announces listing and trading permission for 10,00,000 new equity shares of Hazoor Multi Projects Limited issued on preferential basis via warrant conversion, effective February 27, 2026.

Summary

BSE Notice No. 20260226-31 informs trading members that 10,00,000 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467) have been listed and are permitted to trade on the Exchange effective Friday, February 27, 2026. The shares were issued on a preferential basis to Non-Promoters pursuant to the conversion of warrants.

Key Points

  • 10,00,000 equity shares of Rs. 1/- each issued at a premium of Rs. 29/- per share (issue price Rs. 30/-)
  • Shares issued to Non-Promoters on a preferential basis via conversion of warrants
  • New shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 233339911 to 234339910
  • ISIN: INE550F01049
  • Trading permitted from February 27, 2026

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification under BSE’s listing and trading framework for newly allotted securities.

Compliance Requirements

  • Trading members are informed to note the new securities available for trading from February 27, 2026
  • The entire lot of 10,00,000 shares is subject to a lock-in period and cannot be freely traded until after the lock-in expiry date
  • Lock-in applies to distribution numbers 233339911 to 234339910

Important Dates

  • Date of Allotment: November 17, 2025
  • Trading Effective Date: February 27, 2026
  • Lock-in Expiry Date: September 9, 2026 (for all 10,00,000 shares)

Impact Assessment

Limited market impact. The addition of 10,00,000 shares increases the total share count of Hazoor Multi Projects Limited, representing a minor dilution to existing shareholders. The full lock-in of these shares until September 9, 2026 means no immediate increase in free-float or selling pressure. The issue price of Rs. 30/- (Rs. 1/- face value + Rs. 29/- premium) provides a reference point for the preferential allotment valuation.

Impact Justification

Routine listing of preferentially allotted shares from warrant conversion for a single small-cap company; no broad market or regulatory implications.