HAZOOR MULTI PROJECTS LIMITED announced that it will issue 5,500,000 common shares at an issue price of INR 178 per share for the gross proceeds of INR 979,000,000 on December 6, 2023. The transaction will include participation from new investors Amicorp Capital (Mauritius) Limited for 2,000,000 shares, Vespera Fund Limited for 550,000 shares, Aries Opportunities Fund Limited 500,000 shares, Elara India Opportunities Fund managed by Elara Capital Plc for 500,000 shares, K iftar IN LLC for 250,000 shares, Bhavya Tradex Private Limited for 175,000 shares, Suniyojit Merchants Private Limited for 50,000 shares, Oeepika Gupta for 675,000 shares, Anuja Subhash Hajare for 125,000 shares, Neha SubhashH are for 125,000 shares, Hajare Sumeet Subhash for 125,000 shares, Meera Subhash Hajare for 125,000 shares, Vrinda Garg for 100,000 shares, Sharad Premprakash Rathi for 100,000 shares and Prajal Bhandari for 100,000 shares. The transaction has been approved by the board of directors of the company and is subject to shareholders approval through an Extraordinary General Meeting which is to be held on January 2, 2024.