Hazoor Multi Projects Wins Rs 138.7 Million NHAI Toll Contract

25 Nov 2025 CW Team

The scope of the contract includes not only toll collection but also maintenance of associated toilet blocks, ensuring comprehensive service delivery to commuters. HMPL noted that the announcement complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reflecting its commitment to transparency and governance. The company expects the project to enhance regional infrastructure while strengthening its operational portfolio.

Alongside this development, HMPL has completed a capital infusion. Its Fund-Raising Committee has approved the allotment of 1 million equity shares of Re 1 each at Rs 30 per share to investor Kumar Agrawal (non-promoter/public). This follows the conversion of 100,000 warrants after receipt of the remaining Rs 22.5 million. Adjusted for the previous 1:10 stock split, the company’s issued and paid-up capital now stands at 234.33991 million equity shares of Re 1 each, with the new shares ranking pari passu with existing equity.

Recent financial results reflect continued operational momentum. For Q2 FY26, HMPL reported net sales of Rs 1.0211 billion and a net loss of Rs 99.3 million. In H1 FY26, net sales stood at Rs 2.8213 billion, with a net profit of Rs 38.6 million. For FY25, the company recorded net sales of Rs 6.38 billion and a net profit of Rs 400 million.

Based in Mumbai and listed on the BSE, Hazoor Multi Projects is engaged in highways, civil EPC works and shipyard services, while expanding into the oil and gas sector. Known for its execution capability and strategic focus, the company is building a scalable, multi-vertical platform spanning infrastructure, energy and industrial technology.

Hazoor Multi Projects Limited (HMPL), a diversified infrastructure and engineering company, has received a Letter of Award from the National Highways Authority of India (NHAI) appointing it as the operating agency for user fee and toll collection at the Rampura Toll Plaza on NH 548B (Vijayapur–Sankeshwar section) in Karnataka. The contract, valued at Rs 138.7 million, was secured through a competitive e-tendering process, underscoring the company’s capability in managing key infrastructure services. The scope of the contract includes not only toll collection but also maintenance of associated toilet blocks, ensuring comprehensive service delivery to commuters. HMPL noted that the announcement complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reflecting its commitment to transparency and governance. The company expects the project to enhance regional infrastructure while strengthening its operational portfolio. Alongside this development, HMPL has completed a capital infusion. Its Fund-Raising Committee has approved the allotment of 1 million equity shares of Re 1 each at Rs 30 per share to investor Kumar Agrawal (non-promoter/public). This follows the conversion of 100,000 warrants after receipt of the remaining Rs 22.5 million. Adjusted for the previous 1:10 stock split, the company’s issued and paid-up capital now stands at 234.33991 million equity shares of Re 1 each, with the new shares ranking pari passu with existing equity. Recent financial results reflect continued operational momentum. For Q2 FY26, HMPL reported net sales of Rs 1.0211 billion and a net loss of Rs 99.3 million. In H1 FY26, net sales stood at Rs 2.8213 billion, with a net profit of Rs 38.6 million. For FY25, the company recorded net sales of Rs 6.38 billion and a net profit of Rs 400 million. Based in Mumbai and listed on the BSE, Hazoor Multi Projects is engaged in highways, civil EPC works and shipyard services, while expanding into the oil and gas sector. Known for its execution capability and strategic focus, the company is building a scalable, multi-vertical platform spanning infrastructure, energy and industrial technology.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..