Hazoor Multi Projects Dilutes Square Port Stake To 53.76% Via Preferential Issue

Square Port Shipyard allotted 118,800 preferential shares to Master Financial Services at ₹2,176 per share, raising approximately ₹25.85 crore. HMPL’s holding fell from 96.33% to 53.76%, although its absolute share count and subsidiary control remain unchanged. Context: extends the recent reduction in Square Port exposure.