Small-cap inventory: Hazoor Multi Initiatives Restricted, on Monday, March 10, introduced {that a} fundraising committee accepted the allotment of 13,52,620 or 13.52 lakh fairness shares with a face worth of Re 1 apiece, in line with an alternate submitting.
As per the submitting knowledge, the conversion of 1,35,263 warrants was at a difficulty worth of ₹300 apiece, which quantities to a receipt of ₹3,04,33,949 or ₹3.04 crore.
“We want to inform you that the fund-raising committee of the Firm of their assembly held right now i.e. Monday, March 10, 2025, inter-alia, thought of and accepted the allotment of 13,52,620 fairness shares having face worth of Re 1/- every at a difficulty worth of Rs. 30/- every, consequent upon the conversion of 1,35,263 Warrants issued at an Concern Value of Rs. 300/-each,” mentioned the corporate within the BSE submitting.
West Midland Ventures Pvt Ltd and Nirmala Devi Dugar had been the 2 allottees who acquired the allotment of the fairness shares from the conversion of share warrants.
After this conversion, the corporate’s whole issued and paid-up capital stands at ₹22,18,98,410 with a face worth of Re 1 per share face worth.
Hazoor Multi Initiatives Share Value
Hazoor Multi Initiatives shares closed 4.38 per cent larger at ₹43.41 after Monday’s inventory market session, in comparison with ₹41.59 on the earlier inventory market shut. The announcement of the fairness share allotment was filed after the inventory market session on March 10.
Hazoor Multi Initiatives shares have given inventory market buyers 28,840 per cent return on their funding within the final 5 years and 20 per cent returns within the final one-year interval. Nevertheless, the shares of the small-cap agency had been buying and selling 18.75 per cent decrease on a year-to-date (YTD) foundation in 2025.
Shares have gained 23.85 per cent within the final 5 market periods. Hazoor Multi Initiatives shares hit their 52-week excessive ranges at ₹63.90 on September 12, 2024, whereas the 52-week low stage was at ₹28.41 on March 28, 2024, in line with the information collected from the BSE web site.
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