August 12, 2026: Hazoor Multi Projects Ltd. has secured a ₹24.33 crore Letter of Award (LOA) from the National Highways Authority of India (NHAI) for user-fee collection and maintenance work at the Ramnagar fee plaza on New NH-27 in Madhya Pradesh.
Author: Aadarsh Patel | EQMint
The company disclosed the award to the BSE on 11 August 2026, under Regulation 30 of the SEBI Listing Regulations.
Key Details of the Order
The LOA, dated 10 August 2026, was awarded through a competitive e-tendering process.
The contract covers the Ramnagar fee plaza at Km 1280.370 on the Baran-Shivpuri section of New NH-27, covering the stretch from Km 1251.814 to Km 1305.087 in Madhya Pradesh.
The total contract value is ₹24,33,33,090, or approximately ₹24.33 crore, with an execution period of 1 year.
What Will Hazoor Multi Projects Do?
Under the contract, the company will act as the user-fee collection agency at the toll plaza.
Its responsibilities will also include the upkeep and maintenance of adjacent toilet blocks, along with replenishment of required consumable items.
The contract has been awarded by a domestic entity, NHAI, and the company has stated that there is no promoter or promoter-group interest in the awarding entity. The contract also does not fall under related-party transactions.
EQMint Analysis
The ₹24.33 crore NHAI order gives Hazoor Multi Projects additional business visibility for the next 12 months.
The contract also places the company directly in the highway user-fee collection and maintenance segment, where execution quality and operational efficiency will determine the eventual financial benefit.
Investors should track the company’s order execution, revenue recognition and future NHAI or infrastructure-related contract wins to assess whether this order can translate into sustained growth.
Source: Hazoor Multi Projects Ltd. regulatory filing dated 11 August 2026.
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Disclaimer: This article is not an investment advice and is for educational purpose only.
