Realty Stock Unlocks Dividend Record Date For Shareholders; Check Complete Details

Founded in 1992, Hazoor Multi Projects Ltd. (HMPL) is an Indian company with a focus on real estate and infrastructure development. The stock will be the focus of attention on Friday, August 29th, as the small-cap real estate business has announced the record date for the final dividend for FY25.

For the fiscal year 2024-2025, the company's board has proposed that shareholders receive a final dividend of Re.0.20/-per equity share with a face value of Re. 1/-, or 20%. The final dividend recommended by the Board of Directors of the company is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of Hazoor Multi Projects.

For the purpose of determining members eligible for payment of final dividend if approved by the members in the 33rd Annual General Meeting to be held on September 29, 2025, the company has fixed Monday, September 22, 2025 as the record date.

"Upon approval, Dividend entitlement will be to all those beneficial owners as per details furnished by the National Securities Depository Limited and the Central Depository Services (India) Limited as on close of Monday, September 22, 2025," said Hazoor Multi Projects in a stock exchange filing.

Meanwhile, Ms. Shruti Jigar Shah (DIN: 11222680) was appointed as an Additional Executive Director of Hazoor Multi Projects Limited by the Board of Directors at its meeting on Thursday, August 28, 2025. This appointment is contingent upon member approval at the upcoming Annual General Meeting. Furthermore, the Board designated Mr. Ranjit Binod Kejriwal, a practicing company secretary, as a secretarial auditor to perform a secretarial audit of the company for five years in a row, from FY 2025-2026 to FY 2029-2030, subject to member approval at the company's subsequent annual general meeting.

Gammon Engineers and Contractors Private Limited's (GECPL) lenders received a binding bid from Hazoor Multi Projects Limited (HMPL) on August 15th, with the intention of purchasing an equity stake in GECPL's Engineering, Procurement, and Construction (EPC) operations. This offer is subject to the acceptance of GECPL's lenders and all necessary approvals. An established Indian engineering and construction firm with roots in 1922, GECPL is a division of Gammon India Limited.

The projected acquisition is a component of HMPL's strategy to broaden its market share and diversify its holdings in the infrastructure and EPC industries. The company's restructuring alternatives are currently under review by GECPL's lenders. To adhere to SEBI procedures, a document dated August 15, 2025, was forwarded to BSE Limited by HMPL.