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.

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