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

*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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.00% | -0.21% | -0.21% | -29.91% | -32.08% | +9,190.32% |


































