HMPL’s board approves allotment of 15,50,000 new equity shares, stock trades ex-date for final dividend
Stock in focus: The state-owned 'Maharatna' company has given the contract to Quippo Oil and Gas Infrastructure, which was acquired by Hazoor recently. Mumbai: Diversified player Hazoor Multi Projects Ltd (HMPL) has informed exchanges that its board has approved the allotment of 15,50,000 new equity shares having a face value of Re 1 each at an issue price of Rs 30. The allotment has been approved post the conversion of 1,55,000 warrants issued at an issue price of Rs 300 each. This allotment was a result of converting 1,55,000 warrants held by non-promoters, Safir Anand and Resonance Opportunities Fund. The…