Hazoor Multi allots 85 Lakhs Warrants

Hazoor Multi Projects Ltd has announced that the Board of Directors of the Company at its meeting held on October 08, 2007, has made the allotment of 85,00,000 Share Warrants carrying an entitlement to subscribe to an equivalent number of Equity Shares of Rs 4/- each at a premium of Rs 12/-, on Preferential Issue basis as mentioned herein below:

1. 51,00,000 Share Warrants carrying an entitlement to subscribe to an equivalent number of equity shares of Rs 4/- each, at a price of Rs 16/- (Rs 4/- each at a premium of Rs 12/- each) to the Promoter Company & its Affiliates as shown as below:

a. Eaugu Udyog Ltd: 36,00,000 No. of Warrants / Equity Shares proposed to be allotted

b. Hazoor Media & Power Pvt Ltd: 14,00,000 No. of Warrants / Equity Shares proposed to be allotted

c. Optilum Business Enterprises Pvt Ltd: 1,00,000 No. of Warrants / Equity Shares proposed to be allotted

2. 29,50,000 Share Warrants carrying an entitlement to subscribe to an equivalent number of Equity Shares of Rs 4/- each, at a price of Rs 16 (Rs 4/- each at a premium of Rs 12 each) to Body Corporates from Public as shown as below:

a. Sunnidhi Infrastructure Developers Pvt Ltd: 18,50,000 No. of Warrants / Equity Shares proposed to be allotted

b. Pranam Reality Pvt Ltd: 11,00,000 No. of Warrants / Equity Shares proposed to be allotted

3. 4,50,000 Share Warrants carrying an entitlement to subscribe to an equivalent number of Equity Shares of Rs 4/- each, at a price of Rs 16/- (Rs 4/- each at a premium of Rs 12 each) to Individuals from Indian Public as shown as below:

a. Mrs. Neelam S Mittal: 1,00,000 No. of Warrants / Equity Shares proposed to be allotted

b. Mr. Sanjeev Mehta: 75,000 No. of Warrants / Equity Shares proposed to be allotted

c. Mrs. Rupal Mehta: 75,000 No. of Warrants / Equity Shares proposed to be allotted

d. Mr. Mayank Agarwal: 50,000 No. of Warrants / Equity Shares proposed to be allotted

e. Mrs. Rekha Agarwal: 50,000 No. of Warrants / Equity Shares proposed to be allotted

f. Mayank Agarwal H.U.F.: 50,000 No. of Warrants / Equity Shares proposed to be allotted

g. Mr. Nilesh Gupta: 50,000 No. of Warrants / Equity Shares proposed to be allotted.

Source : Equity Bulls

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