Dear Sir/Ma''am, In Pursuant to Regulation 44(3) of the Securities Exchange Board of India (Listing Obligation and Disclosure Requirement) Regulation 2015, please find enclosed herewith ....
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Hazoor Multi Projects Limited held an Extra Ordinary General Meeting (EGM) on July 16, 2025 via video conferencing to seek shareholder approval for altering the Object Clause of its Memorandum of Association. The single special resolution aimed to add numerous new business activities to the company's charter, including shipbuilding and marine vessels, oil and gas services, infrastructure (roads, metro, railways, airports, ports), power generation (thermal, hydro, solar, wind), real estate development, environmental and waste management, and hotels and hospitality. Out of 30,610 total shareholders on record, only 116 participated in voting representing 4,40,89,131 shares. The resolution passed with overwhelming support—115 members voted in favour (4,40,89,121 shares) while only 1 member voted against (just 10 shares). The resolution was deemed passed as a Special Resolution.
Shareholders have approved a very broad expansion of the company's permitted business activities, effectively allowing Hazoor Multi Projects to diversify into shipping, oil & gas, infrastructure, power, real estate, and hospitality among other sectors. This is a strategic pivot that gives the company significant operational flexibility but also signals a major shift in business direction, which investors should monitor closely for upcoming concrete plans.