Allotment of 37,35,440 equity shares consequent to conversion of warrants into equity.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hazoor Multi Projects allotted 37,35,440 equity shares on December 17, 2025, following the conversion of 3,73,544 warrants by non-promoter/public category allottees. Shares were issued at Rs. 30 each (face value Re. 1 plus Rs. 29 premium), and the company received about Rs. 8.40 crore as the balance 75% conversion amount. The largest allottees were V Cats Consultancy LLP (10 lakh shares) and three Agrawal-related entities who each received 7 lakh shares. After this allotment, the total paid-up equity capital stands at Rs. 24.07 crore comprising 24.07 crore shares of Re. 1 each. Another 72.28 lakh warrants are still pending conversion, which could add further shares in the future.
This conversion adds a modest 1.55% to the total share count and brings Rs. 8.4 crore into the company. Shareholders should keep in mind that 72.28 lakh more warrants remain unconverted, which means additional dilution is possible once they are exercised.