Hazoor Multi Projects has submitted an application to the National Stock Exchange of India Limited (NSE) for the direct listing of its equity shares on the Main Board. The application was filed on July 08, 2026, and is subject to the receipt of requisite approvals, permissions, and other regulatory clearances from the exchange.

Board Approval and Regulatory Compliance

The move follows an earlier intimation dated May 26, 2026, wherein the Board of Directors approved the proposal for the direct listing. The submission was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details

The company informed BSE Limited regarding the submission of the application. The scrip ID for Hazoor Multi Projects on the BSE is HAZOOR, with the code 532467 and ISIN INE550F01049.

Hazoor Multi Projects Limited has redeemed its investment in Optionally Convertible Debentures (OCDs) issued by its wholly owned subsidiary, Square Port Shipyard Private Limited (SPSPL). The company received full and final payment of Rs 25 Crores for the 0.01% OCDs, marking the extinguishment of this investment. The redemption was executed in accordance with the terms governing the OCDs and based on a mutual agreement between the parent company and the subsidiary.

Consequent to the redemption, no equity shares were allotted pursuant to the OCDs. Consequently, there is no change in the shareholding pattern of Hazoor Multi Projects Limited in SPSPL, which continues to remain a wholly owned subsidiary. The company confirmed that the redemption does not have any material adverse impact on its operations or financial position.

Key Details of the Redemption

The intimation was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references previous intimations dated January 27, 2026, February 28, 2026, and March 24, 2026, regarding this matter.