Hazoor Multi Projects Secures Rs. 183 Crore Contract from Tata Steel

Filed: February 20, 2026

Filing Summary

Hazoor Multi Projects Limited has received a work order from Tata Steel Limited for the design, engineering, and construction of residential colonies at TSSIJ, Bileipada, Joda. The project involves the construction of 288 Non-Operational Staff Residential units and 72 Operational Staff Residential units. The contract is valued at approximately Rs. 183 Crore plus applicable GST and is scheduled for completion within 24 months. The work will include civil, architectural, electrical, plumbing, and other related services. This order is in compliance with SEBI regulations and does not involve any related party transactions.

On 20th February 2026, Hazoor Multi Projects Limited announced the receipt of a work order from Tata Steel Limited. The order involves the design, engineering, and construction of residential colonies at TSSIJ, Bileipada, Joda. This project includes the development of 288 Non-Operational Staff Residential (NOPR) units, each approximately 900 sq. ft., and 72 Operational Staff Residential (OPR) units, each approximately 1,100 sq. ft.

The contract is valued at Rs. 1,82,95,03,800 plus applicable GST. The scope of work encompasses civil, architectural, electrical, plumbing, sanitary, fire fighting, and water proofing services. It also includes the construction of underground and overhead water storage tanks, area development around the blocks, and the installation of automated lifts. The project is expected to be completed within 24 months.

According to the filing, the work order complies with the approved specifications and scope of work as per the agreement with Tata Steel. The order is classified as a domestic contract and does not involve any related party transactions. Hazoor Multi Projects has confirmed that there is no interest from the promoter or promoter group in Tata Steel regarding this contract.

Tata Steel Limited is a leading global steel company known for its focus on sustainability and innovation in steel manufacturing. The company is involved in various infrastructure projects and has a significant presence in the Indian market.

Hazoor Multi Projects Limited specializes in construction and infrastructure development. The company focuses on delivering high-quality projects in compliance with industry standards. It aims to expand its portfolio through strategic contracts and collaborations in the construction sector.

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