Small- cap below 50 jumps over 6% after allotment of shares to these FIIs
1 month, 2 weeks ago

Small- cap below 50 jumps over 6% after allotment of shares to these FIIs

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Hazoor Multi Projects Ltd's share price jumped 6.71 per cent to ₹44.06 per share, rising from the previous closing price of ₹41.29. The small-cap stock rallied after the company announced on Monday the allotment of 7,00,33,000 equity shares, having face value of ₹1 at an issue price of ₹54.80 to FIIs. Minerva Ventures Fund, Zeal Global Opportunities Fund, MGO High Conviction Fund Incorporated VCC Sub-Fund, Bridge India Fund, and 5 Nautilus Private Capital Ltd were the proposed allottees. Hazoor Multi Projects share allotment details “Board decided to create, issue, and allot up to 7,00,33,000 Fully Convertible Warrants Convertible into equivalent number of fully paid up equity share of the Company having face value of Re.

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