Hazoor Multi Projects Limited has announced the appointment of Mr. Pradeep Kumar as Additional Independent Director on its Board of Directors. The appointment was approved during the Board meeting held on March 5th, 2026, marking a significant addition to the company's leadership structure.

Appointment Details

The Board of Directors has appointed Mr. Pradeep Kumar (DIN: 11574118) as Additional Director to be designated as Independent Director with effect from March 5th, 2026. The appointment is structured to comply with regulatory requirements and corporate governance standards.

Professional Background

Mr. Pradeep Kumar brings substantial expertise to the Board with his extensive professional background. He is a qualified Company Secretary with over 10 years of experience in the secretarial and legal field. His professional competencies include:

• Robust understanding of corporate governance and legal compliance
• Extensive experience in financial regulations
• Cross-industry expertise spanning NBFC, taxation, audit, and corporate law
• Proven track record in managing complex legal and secretarial matters
• Strategic advisory experience with senior management teams
• Substantial experience in taxation and audit procedures

Regulatory Compliance

The appointment adheres to all regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key compliance aspects include:

Term Structure

Mr. Kumar will initially hold office until the date of the ensuing General Meeting of the Company. Subject to approval by the members at the General Meeting, his appointment will be confirmed for a period of 5 consecutive years from the date of appointment, extending until March 4th, 2031.

The appointment strengthens the company's Board composition with independent oversight and brings valuable expertise in corporate governance, legal compliance, and financial regulations to support the company's strategic objectives.

Hazoor Multi Projects Limited has announced a revision in the timeline for converting Optionally Convertible Debentures (OCDs) of its wholly owned subsidiary into equity shares. The company filed an intimation with BSE Limited on 28th February, 2026, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Timeline Revision Details

The company had previously informed the stock exchange on 27th January, 2026, about its plan to convert existing investments in OCDs of Square Port Shipyard Private Limited into equity shares of the wholly owned subsidiary. However, there has been a change in the indicative completion period for this corporate action.

Regulatory Compliance

The intimation was filed pursuant to Regulation 30 read with Schedule III – Part A of the SEBI Listing Regulations. The company emphasized that except for the specific timeline change, all other contents of the original disclosure remain unchanged. This ensures transparency and keeps stakeholders informed about material developments affecting the corporate structure.

Corporate Structure Impact

The conversion of Optionally Convertible Debentures into equity shares represents a restructuring of the company's investment in its wholly owned subsidiary. Square Port Shipyard Private Limited will see changes in its capital structure once the conversion process is completed in March 2026. The transaction involves converting debt instruments into equity, which typically strengthens the subsidiary's balance sheet.

Management Authorization

The disclosure was digitally signed by Radheshyam Laxmanrao Mopalwar, Managing Director of Hazoor Multi Projects Limited, on 28th February, 2026. The company has requested BSE to take note of this timeline revision and maintain it on record for regulatory compliance purposes.