Real estate stock in focus as firm allots 4.91 lakh equity shares post conversion of warrants
During the conversion of the warrants, the company's shares were subdivided, i.e. 1 equity share (with a face value of Rs 10 each) was split into 10 equity shares (Re 1 face value). Mumbai: Smallcap company Hazoor Multi Projects Ltd has raised Rs 1.10 crore through share allotment followed by warrant conversion. The company, in an exchange filing, stated that its fundraising committee has approved the issuance of 4,91,000 equity shares at an issue price of Rs 30 per share (including a premium of Rs 29). These shares have been allotted following the conversion of 49,100 previously issued warrantsย (issued…