Hazoor Multi Projects Ltd. a small-cap company that develops residential and commercial projects is on investors radar today. On December 27th the company provided significant information in its latest exchange filing.

In its latest exchange filing the company said that its fundraising committee took an important decision at its meeting held on Tuesday December 23 2025. The meeting approved the allotment of 18911320 equity shares after conversion of 1891132 warrants.

These shares have a face value of ₹1 and have been issued on a preferential basis to non-promoter/public category investors at a price of ₹30 per share (including a premium of ₹29). Investors paid ₹225 per warrant (75% of the total issue price) generating a total of ₹42.55 crore for the company.

Previously these warrants were allotted at a price of ₹300 per warrant following member approval of which 25% or ₹75 had already been subscribed. Warrant holders were given the right to convert the remaining 75% of the warrant amount into equity shares upon payment within 18 months.

Following the latest allotment the companys issued and paid-up share capital has increased to ₹27.06 crore comprising 27.06 crore equity shares of face value ₹1 each. The company also stated that 4232730 warrants remain pending conversion which holders can convert into equity shares by paying ₹225 per warrant within the stipulated time.
Hazoor Multi Projects Q2 FY26 Results
In the September quarter the companys sales fell 33.30% to ₹102.11 crore compared to ₹153.08 crore in the same quarter last year. The company reported a net loss of ₹9.93 crore compared to a net profit of ₹11.02 crore in the same quarter last year.

The companys operating profit margin (OPM) fell to -3.86% from 11.86% in Q2. PBDT fell from a profit of ₹16.37 crore to a loss of ₹9.65 crore while PBT also fell from a profit of ₹14.77 crore to a loss of ₹11.05 crore.