Highway Infrastructure Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended 31st March 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company submitted the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on 4th April 2026. Company Secretary and Compliance Officer Palak Rathore signed the submission on behalf of the company.

Certificate Details

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the certificate dated 3rd April 2026. The certificate provides crucial information about the company's shareholding structure for the reporting quarter.

Share Dematerialisation Status

The RTA confirmed that Regulation 74(5) is not applicable to Highway Infrastructure Limited during Q4FY26. This determination is based on the complete dematerialisation of the company's shares, with the entire shareholding maintained in electronic form.

Key findings from the certificate include:

• All company shares remain in demat form
• No rematerialisation requests received during the quarter
• No dematerialisation requests processed during Q4FY26
• Complete digital maintenance of shareholding records

Corporate Information

The submission demonstrates the company's commitment to regulatory compliance and transparent reporting practices. The complete dematerialisation status reflects modern shareholding practices and efficient record-keeping systems maintained by both the company and its RTA.

Highway infrastructure Limited has announced its decision to withdraw the Letter of Acceptance (LOA) issued by the National Highway Authority of India (NHAI) for operating the Venkatapalem Fee Plaza in Andhra Pradesh. The Board of Directors made this decision during their meeting held on March 26, 2026, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Penalty Imposed by NHAI

Following the company's withdrawal of the LOA, NHAI has imposed a financial penalty on Highway Infrastructure Limited. The regulatory filing provides specific details about the penalty and its implications.

Financial Impact Assessment

The company has assessed the financial implications of this development and provided transparency regarding its impact on operations. According to the disclosure, the financial impact is limited to the penalty amount of Rs. 26,33,000, with no additional effects on the company's financial, operational, or other activities.

Regulatory Compliance

The announcement follows the company's earlier intimation filed on March 26, 2026, which informed stakeholders about the receipt of the Letter of Acceptance for the Venkatapalem Fee Plaza in Andhra Pradesh. The current disclosure fulfills the requirements under SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, ensuring complete transparency regarding regulatory orders and penalties.

Project Details

The Venkatapalem Fee Plaza was intended to be operated by Highway Infrastructure Limited in the State of Andhra Pradesh under the LOA issued by NHAI. However, the company's Board decided to withdraw from this opportunity, leading to the current penalty situation. The company has maintained transparency by providing detailed disclosures about the withdrawal and its consequences to both BSE Limited and National Stock Exchange of India Limited.