Hazoor Multi Projects allots shares to non-promoters after warrant conversion

Hazoor Multi Projects Limited announced on December 24, 2025, the allotment of 17,505,050 fully paid-up equity shares, each with a face value of ₹1, to non-promoter investors. This allotment resulted from the exercise of 1,750,505 warrants held by these investors, with each warrant converting into ten equity shares at an issue price of ₹30 per share. The company noted that this conversion followed a sub-division of the nominal value of its equity shares from ₹10 each to ₹1 each.

The transaction involved 19 distinct investors, including entities such as Donald Venture Private Limited, NAV Capital VCC-NAV Capital Emerging Star Fund, and Money plant Pictures LLP, alongside several individual investors. These entities and individuals received varying allotments, with NAV Capital VCC-NAV Capital Emerging Star Fund receiving the largest allocation of 8,196,500 shares.

This equity issuance is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, and other relevant SEBI circulars. The total number of securities issued was 17,505,050 equity shares, demonstrating a substantial increase in the company's equity base from non-promoter participation.