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Hazoor Multi Projects divests 46% stake in Hazoor Township Developers

17 Jan 2014 Evaluate

Hazoor Multi Projects has diluted its holding to 46%, in the capital of the subsidiary, Hazoor Township Developers pursuant to its divestment strategy. Consequently, the company ceases to be the holding company of the said subsidiary.

The aforesaid dilution of holding will have no bearing on the performance / operation of the company as it envisage to reinvest the divested surplus into the other revenue yielding activities.

Hazoor Multi Projects is a public limited company, listed on the prestigious Bombay Stock Exchange. The core competency of hazoor is in the field of realty and real estate development.

Hazoor Multi Project Share Price

28.08 -0.86 (-2.97%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 840.95
Dilip Buildcon 455.70
DLF 587.25
Oberoi Realty 1688.15
Ahluwalia Contract(I 886.85
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