Real estate stock in focus as firm allots 4.91 lakh equity shares post conversion of warrants

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 warrants  (issued at an issue price of Rs 300 each). 

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