Hazoor Multi Projects Sells 3.67% Stake in SPSPL for ₹1.16 Cr

Hazoor Multi Projects Limited announced the sale of 5,500 equity shares, representing 3.67% of its stake in Square Port Shipyard Private Limited (SPSPL), a wholly owned subsidiary, to Master Financial Services Limited for ₹1,16,54,500. The transaction, priced at ₹2,119 per share, will reduce Hazoor Multi Projects' shareholding in SPSPL from 100% to 96.33%. Consequently, SPSPL will cease to be a wholly owned subsidiary but will remain a subsidiary. The company also accepted the resignation of its Company Secretary & Compliance Officer, Mrs. Anushree Tekriwal, effective July 14, 2026. SPSPL contributed 7.47% to Hazoor Multi Projects' revenue and 4.51% to its net worth in the last financial year.