Hazoor Multi Projects Sells 3.67% Stake in Subsidiary

Hazoor Multi Projects Limited announced the sale of 5,500 equity shares, representing 3.67% of the equity share capital of its wholly-owned subsidiary, Square Port Shipyard Private Limited (SPSPL), 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 of the company. The board also accepted the resignation of Mrs. Anushree Tekriwal as Company Secretary & Compliance Officer, effective July 14, 2026.