Hazoor Multi Projects Secures ₹271.56 Crore NHAI Contract for Fee Collection Services

1 min read     Updated on 12 Mar 2026, 06:46 PM
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Overview

Hazoor Multi Projects Limited has been awarded a ₹271.56 crore contract by NHAI for user fee collection services at Chowlaggere fee plaza on NH-48 in Karnataka. The one-year contract, secured through competitive e-tender bidding, includes fee collection and maintenance of adjacent facilities. This domestic contract strengthens the company's position in highway infrastructure services and provides significant revenue visibility.

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*this image is generated using AI for illustrative purposes only.

Hazoor Multi Projects Limited has secured a major infrastructure services contract from the National Highways Authority of India (NHAI), marking a significant business development for the company. The Letter of Award was formally received on March 11, 2026, following a competitive e-tender bidding process.

Contract Details and Scope

The awarded contract encompasses user fee collection services at Chowlaggere fee plaza, strategically located at Km. 193.020 on the Hassan to Maranahally section of NH-48 in Karnataka. The project covers the four-laning stretch from Hassan (Existing Km. 189+700, Designed Ch. 184+912) to Maranahally (Existing Km. 237+000, Design Ch. 230+060).

Parameter: Details
Contract Value: ₹271.56 crores
Duration: One Year
Location: Chowlaggere fee plaza, NH-48, Karnataka
Nature: User fee collection services
Award Authority: National Highways Authority of India (NHAI)
Contract Type: Domestic

Service Components

The contract scope extends beyond basic fee collection services to include comprehensive facility management responsibilities. The company will be responsible for:

  • User fee collection at the designated plaza
  • Upkeep and maintenance of adjacent toilet blocks
  • Recouping consumable items for facility operations

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement confirms that the contract does not involve any related party transactions and maintains arm's length dealings with the awarding authority.

Strategic Significance

This contract represents a substantial addition to Hazoor Multi Projects' portfolio in the infrastructure services sector. The one-year duration provides immediate revenue visibility, while the involvement with NHAI strengthens the company's position in highway infrastructure services. The competitive bidding process through which the contract was secured demonstrates the company's capability to compete effectively in the government infrastructure sector.

Historical Stock Returns for Hazoor Multi Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-0.21%-0.21%-29.91%-32.08%+9,190.32%
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Hazoor Multi Projects Secures Major Order Worth ₹271.6 Million

1 min read     Updated on 12 Mar 2026, 06:45 PM
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Reviewed by
Shriram SScanX News Team
Overview

Hazoor Multi Projects has successfully secured a major new order valued at ₹271.6 million, representing a significant business development for the company. This substantial contract win demonstrates the company's competitive market position and ability to secure valuable projects, which is expected to contribute positively to its revenue pipeline and business growth prospects.

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*this image is generated using AI for illustrative purposes only.

Hazoor Multi Projects has announced a significant business milestone with the successful acquisition of a new order valued at ₹271.6 million. This substantial contract win marks an important development for the company's business operations and revenue prospects.

Order Details

The company has secured this major order worth ₹271.6 million, which represents a notable addition to its project portfolio. This contract acquisition demonstrates Hazoor Multi Projects' continued ability to compete effectively in the market and win substantial business opportunities.

Parameter: Details
Order Value: ₹271.6 million
Company: Hazoor Multi Projects
Status: Secured

Business Impact

The successful acquisition of this ₹271.6 million order is expected to have a positive impact on the company's financial performance and business growth. This contract win showcases the company's competitive positioning in its operational markets and its ability to secure valuable projects.

The order represents a significant business development that could contribute meaningfully to Hazoor Multi Projects' revenue generation and operational expansion. Such substantial contract wins typically indicate strong market demand for the company's services and capabilities.

Market Position

This major order acquisition reinforces Hazoor Multi Projects' presence in its target markets. The ability to secure contracts of this magnitude demonstrates the company's operational capabilities and market competitiveness. The ₹271.6 million order value reflects the scale of projects the company is capable of handling and executing.

Historical Stock Returns for Hazoor Multi Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-0.21%-0.21%-29.91%-32.08%+9,190.32%
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More News on Hazoor Multi Projects

1 Year Returns:-32.08%