THIS company's shares to be in Focus ahead of board meeting to discuss expansion
सेफ इंवेस्टमेंट का भी करें इंतजाम
New Delhi: Shares of Hazoor Multi Projects Ltd are expected to remain in focus on Monday after the company as the company has informed exchanges that its Board of Directors will hold a meeting on 16 June 2025 to discuss expansion in new and emerging markets segment.
'To strategically expand into new and emerging business segments, including through the acquisition of company engaged in high-growth and future-oriented sectors, that align with the company's long-term growth objectives, capitalizing on opportunities in rising sectors to drive enhanced profitability, sustained success, and seamless integration with existing capabilities and expertise, and accordingly alteration/modification in 'Object Clause' of Memorandum of Association of the Company, ' the company said in an exchange filing on Saturday.
Earlier, the shares were in focus after the company rewarded it's investors with a final dividend of 20 per cent on shares having a face value of Re 1 each. This translates into a payout of Rs 0.20 per equity share.
The proposed dividend is subject to approval by shareholders at the company's upcoming Annual General Meeting (AGM).
Earlier on Friday, benchmark equity indices surged, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000 -level after the RBI cut interest rates by more-than-expected 50 basis points — a third consecutive reduction — and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds.
Recovering all the early lost ground, the 30-share BSE Sensex jumped 746.95 points, or 0.92 per cent, to settle at 82,188.99. During the day, it surged 857.85 points, or 1.05 per cent, to 82,299.89.
With PTI inputs
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