Divestment29 Jul 2026, 05:40 pm
Hazoor Multi Projects Sells 3.67% Stake in Square Port Shipyard
AI Summary
Hazoor Multi Projects Ltd has completed the sale/transfer of 5,500 equity shares, representing 3.67% of the equity share capital of Square Port Shipyard Private Limited (SPSPL). This transaction, which concluded on July 27, 2026, means SPSPL is no longer a wholly owned subsidiary but continues to remain a subsidiary of Hazoor Multi Projects. The company has informed the stock exchange as per SEBI (LODR) Regulations, 2015.
Key Highlights
- Sale of 3.67% stake in Square Port Shipyard Private Limited completed.
- SPSPL ceases to be a wholly owned subsidiary.
- SPSPL continues to remain a subsidiary of Hazoor Multi Projects.
- Transaction completed on July 27, 2026.
Price Impact
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