Hazoor Multi Projects Ltd. (HMPL) (BSE: 532467), a leader in Engineering, Procurement, and Construction (EPC) contracting services, has announced that it has been awarded a work order from National Highways Authority of India for acting as user fee collection agency at Mulawad FP for widening to 2 lanes with paved shoulders from Km. 4.40 to 56.00 of NH 218 Bijapur Hubli section in the state of Karnataka. The value of awarded project is
Rs.2.59 crores.
Further, the board of the company will meet on September 16, 2024to evaluate the proposal regarding In-principal approval of a potential merger of Square Port Shipyard Private Limited into the Company with a view to combine the strengths and synergies of both businesses so as to benefit all stakeholders and accordingly, constitute a “Specific Transaction Committee” to manage and oversee all necessary steps related to the proposed merger. This committee will act on behalf of the Company to facilitate, monitor and ensure effective implementation of the merger decision in timely manner.
Earlier, the company reported that it received a work order has been awarded to M/s Hazoor Multi Projects Limited received from B.G. Shirke Const. Tech. Pvt. Ltd. for Excavation of various site located at Pahadi Goregaon-1473, Shirdhon- III, Khoni- 1374, Nawde-1449, CPWD- 1447, Taloja-1415/16, Thane- 1453 and Kanamwarnagar-1180. The value of awarded project is Rs. 30 crores.