Description

BSE lists 1,75,05,050 new equity shares of Hazoor Multi Projects Limited issued on preferential basis via warrant conversion, effective May 15, 2026. Shares are subject to lock-in until November 17, 2026.

Summary

BSE has listed 1,75,05,050 new equity shares of Hazoor Multi Projects Limited (Scrip Code: 532467, ISIN: INE550F01049), permitting them to trade on the Exchange effective Friday, May 15, 2026. The shares were issued at Rs. 30/- per share (face value Re. 1/- + premium of Rs. 29/-) to Non-Promoters on a preferential basis pursuant to conversion of warrants.

Key Points

  • New shares listed: 1,75,05,050 equity shares of Re. 1/- each
  • Issue price: Rs. 30/- per share (Re. 1/- face value + Rs. 29/- premium)
  • Issued to: Non-Promoters on a preferential basis via conversion of warrants
  • Distribution numbers: 270631111 to 288136160
  • Pari-passu: New shares rank equally with existing equity shares of the company
  • ISIN: INE550F01049

Regulatory Changes

No regulatory changes. This is a routine listing notification under BSE’s Listing Operations department for newly allotted equity shares.

Compliance Requirements

Trading members of BSE are informed that the new securities are listed and permitted to trade from May 15, 2026. The entire allotment of 1,75,05,050 shares is subject to a lock-in period and cannot be traded freely until after November 17, 2026.

Important Dates

  • Date of Allotment: December 24, 2025
  • Trading permitted from: May 15, 2026 (Friday)
  • Lock-in expiry: November 17, 2026 (for all 1,75,05,050 shares, Dist. Nos. 270631111 to 288136160)

Impact Assessment

This is a company-specific listing event for Hazoor Multi Projects Limited with minimal broader market impact. The preferential allotment of ~1.75 crore shares to non-promoters via warrant conversion represents a capital-raising exercise. The full allotment is under lock-in until November 17, 2026, limiting immediate free-float impact. Existing shareholders should note the dilution effect from the new issuance.

Impact Justification

Routine listing of preferential allotment shares for a small-cap company following warrant conversion; company-specific event with limited broader market impact.