Hazoor Multi Projects Limited has received a credit rating assignment from Acuité Ratings & Research Limited for its bank facilities. The company informed BSE Limited about this development on March 31st, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating Details

Acuité Ratings & Research Limited has assigned ratings to the bank facilities of Hazoor Multi Projects Limited. The rating assignment covers the company's long-term banking arrangements and reflects the rating agency's assessment of the company's creditworthiness.

The ACUITE BBB Stable rating indicates the rating agency's evaluation of the company's ability to meet its financial obligations. The stable outlook suggests that the rating is expected to remain unchanged in the near term under current business and financial conditions.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under SEBI regulations by promptly informing the stock exchange about the credit rating assignment. This transparency ensures that investors and stakeholders have access to important information regarding the company's financial standing and creditworthiness.

Access to Rating Report

The detailed rating report released by Acuité on March 31st, 2026, is available on multiple platforms for stakeholder reference:

• Acuité's official website at the designated company details section
• Hazoor Multi Projects Limited's corporate website at www.hazoormultiproject.com

This accessibility ensures that investors, lenders, and other stakeholders can review the comprehensive rating analysis and methodology used by Acuité in arriving at the assigned rating.

Hazoor Multi Projects Limited has announced that its board of directors approved providing a corporate guarantee of Rs 50 crores for its wholly owned subsidiary during a meeting held on March 25, 2026. The guarantee is designed to secure banking facilities for Square Port Shipyard Private Limited from Bank of Baroda.

Corporate Guarantee Details

The board meeting, which commenced at 4:00 PM and concluded at 5:30 PM, resulted in approval for the corporate guarantee to secure comprehensive credit facilities for the subsidiary company. The guarantee covers two distinct banking facilities that will support the operational and expansion requirements of Square Port Shipyard Private Limited.

Transaction Structure and Compliance

The corporate guarantee arrangement involves Bank of Baroda as the lending institution, with Square Port Shipyard Private Limited as the borrower. The company has confirmed that the corporate guarantee will be issued on an arm's length basis, ensuring compliance with regulatory requirements.

Financial Impact Assessment

According to the company's disclosure, the issuance of this corporate guarantee represents a contingent liability for Hazoor Multi Projects Limited. The management has stated that there is presently no direct impact on the company's operations or financial position from this guarantee arrangement.

Regulatory Disclosure

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details of the transaction, including the nature of the guarantee, parties involved, and potential impact on the listed entity.

The corporate guarantee reflects the parent company's support for its subsidiary's business expansion and operational financing requirements through established banking relationships.