Hazoor Multi Projects allots shares on conversion of warrants
Hazoor Multi Projects Limited (HMPL) allotted 8,15,500 equity shares at ₹30 each after converting warrants, raising ₹1.83 crore. This follows a stock split. HMPL also acquired Quippo Oil & Gas Infrastructure Ltd via a Swiss Challenge, marking its strategic entry into India's upstream Oil & Gas sector, diversifying its portfolio with 14 advanced drilling rigs and over 400 professionals.