August 27, 2026: Hazoor Multi Projects Limited has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for a ₹193.85 crore contract covering user-fee collection and maintenance work at a toll plaza on NH-45 in Tamil Nadu.
Author: Aadarsh Patel | EQMint
The company disclosed the award in a regulatory filing dated August 26, 2026, stating that the LOA was issued by NHAI on August 25.
₹193.85 Crore NHAI Order for Paranur Fee Plaza
Under the contract, Hazoor Multi Projects will act as the contractor for collection of user fees at Paranur Fee Plaza, located at km 52.820 on the Tambaram-Tindivanam section of NH-45.
The contract covers the road section from km 28.000 to km 74.500 in Tamil Nadu.
The company will also be responsible for the upkeep and maintenance of adjacent toilet blocks, including replenishment of consumable items.
The total consideration of the contract is ₹193,85,14,635, or approximately ₹193.85 crore.
Contract Period Is One Year
The NHAI contract has an execution period of one year.
The order was awarded through a competitive bidding process, according to Hazoor Multi Projects’ regulatory disclosure.
The company classified NHAI as a domestic entity and the nature of the contract as collection of user fees.
Key Contract Details
| Particular | Details |
|---|---|
| Company | Hazoor Multi Projects Limited |
| Awarding Authority | NHAI |
| Contract Value | ₹193.85 crore |
| Project | Paranur Fee Plaza |
| Location | Tamil Nadu |
| Highway | NH-45 |
| Road Section | Tambaram-Tindivanam |
| Fee Plaza Location | Km 52.820 |
| Contract Period | 1 year |
| Contract Type | User fee collection |
| Additional Work | Toilet block upkeep and maintenance |
| Award Date | August 25, 2026 |
| BSE Scrip | HAZOOR / 532467 |
NHAI Order Adds a New Revenue Opportunity
The ₹193.85 crore contract gives Hazoor Multi Projects a sizeable government-linked business order for the coming year.
Since the project involves toll collection rather than construction, the company’s execution will centre on managing user-fee collection at Paranur Fee Plaza and maintaining the specified facilities.
The contract value is the broad consideration or size of the order stated in the company’s filing. It should not be treated as equivalent to immediate revenue or profit.
No Related Party Interest Disclosed
Hazoor Multi Projects has stated that the promoter, promoter group and group companies have no applicable interest in NHAI in relation to the contract.
The company has also classified the order as not a related-party transaction.
Why Hazoor Multi Projects Is in Focus
The latest NHAI order puts Hazoor Multi Projects shares in focus after the company secured a contract with a total stated value of nearly ₹194 crore.
For investors tracking the stock, the key points to watch will be the company’s execution of the one-year contract, revenue recognition, operating costs and any further order announcements.
The Paranur Fee Plaza assignment also gives the company exposure to the toll-collection segment of India’s road infrastructure ecosystem.
What Investors Should Watch Next
The immediate focus will be on the commencement and execution of the NHAI contract.
Investors should also track future regulatory filings for details on the start of operations, additional orders and the financial impact of the contract on Hazoor Multi Projects.
The company has disclosed the order under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Key Takeaways
- Hazoor Multi Projects received an NHAI Letter of Award.
- Contract value: ₹193.85 crore.
- Project: Paranur Fee Plaza, NH-45, Tamil Nadu.
- Road section: Tambaram-Tindivanam, km 28.000 to km 74.500.
- Work includes user-fee collection.
- Company will also maintain adjacent toilet blocks and consumables.
- Contract period: 1 year.
- Order was awarded through competitive bidding.
- No promoter or group-company interest in NHAI was disclosed.
- The company stated that the order is not a related-party transaction.
FAQs
What order has Hazoor Multi Projects received?
Hazoor Multi Projects has received an LOA from NHAI for collection of user fees at Paranur Fee Plaza on NH-45 in Tamil Nadu, along with maintenance of adjacent toilet blocks.
What is the value of the Hazoor Multi Projects NHAI contract?
The contract has a stated consideration of ₹193.85 crore.
Where is the project located?
The Paranur Fee Plaza is located at km 52.820 on the Tambaram-Tindivanam section of NH-45 in Tamil Nadu.
How long is the contract?
The contract has an execution period of one year.
Does the ₹193.85 crore order mean ₹193.85 crore profit for Hazoor Multi Projects?
No. The ₹193.85 crore figure is the broad consideration or size of the contract disclosed by the company. Actual revenue, expenses and profitability will depend on execution and the terms of the contract.
For more such information visit EQMint
Join our Whatsapp channel for timely updates: Whatsapp
Disclaimer: This article is not an investment advice and is for educational purpose only.
