Announced Tue, 18 Nov · 21:44 IST

We are please to inform you that the Company has been awarded the letter of award by the National Highways Authority of India.

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AI summary

Hazoor Multi Projects Ltd has received a Letter of Award from the National Highways Authority of India (NHAI) to operate as the user fee/toll collection agency at Rampura Toll Plaza on NH 548B (Vijayapur-Sankeshwar Section) in Karnataka. The scope also covers upkeep and maintenance of adjacent toilet blocks. The total project value is Rs. 13.87 crore, awarded through competitive e-tender bidding, and is to be executed over a period of one year. This is a domestic government order with no related party interest involved.

Likely market impact

This is a revenue-positive development, giving the company a fresh one-year government contract worth Rs. 13.87 crore. While the order size is modest, securing work from a central PSU like NHAI strengthens the company's order book credibility and may support near-term revenue visibility.