Hazoor Multi Projects Limited , a company listed on the Bombay Stock Exchange (BSE: 532467), has announced significant changes to its board of directors. The company's shareholders approved the appointment of two new directors at the 33rd Annual General Meeting (AGM) held on September 29, 2025.

New Executive Director Brings Diverse Experience

Mrs. Shruti Jigar Shah has been appointed as an Executive Director of the company for a five-year term, effective from August 28, 2025, to August 27, 2030. Mrs. Shah brings a unique blend of educational background and entrepreneurial experience to the board.

A commerce graduate with a diploma in interior designing, Mrs. Shah has demonstrated her entrepreneurial skills by successfully managing a restaurant named Krafty Foods for two years. She has since transitioned into the stock market, actively engaging in trading and investment activities. Her multifaceted background, which includes offering consultancy services, is expected to contribute significantly to the company's strategic direction.

Experienced Former Government Official Joins as Independent Director

Mr. Mukund Shriniwasrao Bilolikar has been appointed as an Independent Director for a five-year term, from August 13, 2025, to August 12, 2030. Mr. Bilolikar, aged 66, brings extensive experience from his 36-year tenure in the Maharashtra Government's Excise Department.

A Bachelor of Arts graduate from Marathwada University, Mr. Bilolikar retired in 2016 as a Class 2 Officer. His background in regulatory and supervisory roles related to excise matters is expected to provide valuable insights to the company's governance and compliance efforts.

Strengthening Corporate Governance

Both appointments are part of Hazoor Multi Projects Limited's efforts to enhance its board composition and corporate governance. The company has confirmed that neither Mrs. Shah nor Mr. Bilolikar is related to any other directors or key managerial personnel of the company, ensuring independence in decision-making processes.

The appointments were approved by shareholders at the company's AGM, which was conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM), reflecting the company's adaptation to modern corporate practices.

These strategic appointments are expected to bring fresh perspectives and diverse expertise to Hazoor Multi Projects Limited's board, potentially contributing to the company's future growth and development strategies.

Investors and stakeholders will be keen to observe how these new additions to the board will influence the company's direction and performance in the coming years.

Hazoor Multi Projects Limited (HMPL) has made several significant announcements, including the setting of a record date for its final dividend payment and key appointments at the board level.

Dividend Record Date Set

The company has set Monday, September 22, 2025, as the record date for determining shareholders eligible for the final dividend payment. This decision is subject to approval at Hazoor Multi Projects' 33rd Annual General Meeting (AGM) scheduled for September 29, 2025. Shareholders holding equity shares of Re. 1/- each fully paid up as of the record date will be entitled to the dividend if approved by members at the AGM.

Board Meeting Outcomes

In a board meeting held on August 28, 2025, HMPL's directors made several important decisions:

1. New Director Appointment: The board approved the appointment of Ms. Shruti Jigar Shah (DIN: 11222680) as an Additional Executive Director of the company, subject to shareholder approval at the upcoming AGM.

2. Secretarial Auditor Appointment: Mr. Ranjit Binod Kejriwal, a Practicing Company Secretary, has been appointed as the Secretarial Auditor for a term of five consecutive years, from FY 2025-26 to FY 2029-30, pending shareholder approval.

About the New Appointees

Ms. Shruti Jigar Shah

Ms. Shah brings a diverse background to the board:

• Commerce graduate with a diploma in Interior Designing
• Entrepreneurial experience, having launched and managed a restaurant named Krafty Foods
• Active in stock market trading and investment
• Offers consultancy services leveraging her experience in business, design, and financial markets

Mr. Ranjit Binod Kejriwal

As the newly appointed Secretarial Auditor, Mr. Kejriwal's credentials include:

• Fellow member of the Institute of Company Secretaries of India (ICSI)
• Peer-reviewed by ICSI
• 20 years of experience in corporate laws, IPO listing, compliance audits, and corporate restructuring

These appointments and the dividend announcement reflect Hazoor Multi Projects Limited's commitment to strengthening its governance and rewarding its shareholders. Investors and stakeholders will be watching closely as these developments unfold, particularly at the upcoming AGM where key decisions will be ratified.