New Delhi, Dec. 28 -- Multibagger stock Hazoor Multi Projects announced that it has completed the conversion of warrants into equity shares, further bolstering its capital base through well-planned fundraising efforts.

In an exchange filing, Hazoor Multi Projects said that the company has allotted 1,89,11,320 shares, with a face value of Rs.1, at an issue price of Rs.30, through the conversion of 18,91,132 warrants at an issue price of Rs.300 per share, after adjusting the number of shares, paid-up capital per share and premium per share post sub-division of nominal value of the equity share of the company.

"We wish to inform you that the fund-raising committee of the Company, at their meeting held today, i.e. Tuesday, 23rd December, 20...