Hazoor Multi Projects Bags Rs 24.33 Crore NHAI Contract for User Fee Collection in Madhya Pradesh

The LOA was issued by NHAI on August 10, 2026, following a competitive bidding process through e-tendering. The contract has been awarded to Hazoor Multi Projects as a domestic entity.

Contract valued at ₹24.33 crore

According to the company’s filing, the broad consideration or size of the contract stands at ₹24,33,33,090, or approximately ₹24.33 crore.

The contract is scheduled to be executed over a period of one year. The nature of the order is user fee collection, with the associated maintenance responsibilities forming part of the scope.

The company said the order was awarded through competitive bidding and confirmed that the contract is domestic in nature.

No related-party interest

Hazoor Multi Projects stated that there is no promoter, promoter group or group company interest in the entity awarding the contract. The company also said the order does not fall under related-party transactions.

The company made the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The latest order adds a new contract to Hazoor Multi Projects’ portfolio in the road infrastructure and highway user-fee collection segment, with the company set to execute the mandate for one year.