Hazoor Multi Projects Chief Financial Officer Samir Mahendra Desai resigns

What happened

Hazoor Multi Projects (BSE: HAZOOR) informed the stock exchanges on 30 September 2026 at 05:17 PM that Samir Mahendra Desai, Chief Financial Officer, has resigned.

Company snapshot

Hazoor Multi Projects is a micro-cap company, with a market value of about ₹537 crore.

The stock last traded at ₹18.65, against a 52-week range of ₹17.44–₹22.49 (17.1% below the high).

Before this filing the shares had moved −4.6% over the month. Average daily turnover over the last 20 sessions was about ₹1.11 crore.

Promoters held 13.70% at the end of Q1 FY27, down 0.89% points from the previous quarter. Foreign institutions owned 26.44% and domestic institutions 0.00%.

What history shows

BCEIE's records show 5 previous management change filings from the company since May 2026.

Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

• The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

• Hazoor Multi Projects completes ₹11.65 crore stake sale in shipyard subsidiary — scanx.trade, 27 Sept 2026
• Hazoor Multi Projects bags work contract worth Rs 207 crore — Business Standard, 19 Sept 2026
• Hazoor Multi Projects Secures Rs 207 Crore Chennai Order — outlookbusiness.com, 18 Sept 2026
• Hazoor Multi Projects Receives Work Order Worth 2.07 Billion Rupees — TradingView, 18 Sept 2026
• Hazoor Multi Projects passes all six resolutions at 34th AGM — scanx.trade, 30 Sept 2026

Source

• Exchange filing (PDF)