Innovision Limited has appointed Amit Mahendra Sharma as an Additional Director (Non-Executive) to strengthen its leadership team in operations and governance. The appointment is effective from May 28, 2026, and will remain valid until the conclusion of the ensuing Annual General Meeting. This strategic move aims to leverage Sharma's extensive experience in senior operations, risk, and governance roles.

The decision was approved by the Board of Directors during its meeting held on May 28, 2026. The appointment follows the recommendation of the company's Nomination & Remuneration Committee. The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Amit Mahendra Sharma holds a Director Identification Number (DIN) of 11561308. He is a seasoned leader with over 24 years of experience spanning retail Omni Channel operations, financial services, digital transformation, and vendor management. The company confirmed that he is neither interested nor related to any other director of Innovision Limited.

The company further disclosed that Sharma is not debarred from holding the office of Director by virtue of any SEBI order or any other regulatory authority. This ensures compliance with the requirements specified in BSE Circular reference no. LIST/COMP/14/2018-19.

Key Details of Appointment

Innovision Limited has secured a Letter of Award from the National Highways Authority of India (NHAI) for a toll collection and facility maintenance contract worth ₹36.57 crore. The project involves user fee collection and upkeep of toilet blocks on NH-12 in Madhya Pradesh, specifically from the Sindoor River to the start of the Bareli Bypass. This one-year contract is set to commence on July 6, 2026, following the order granted on May 25, 2026.

The award was issued under tender ID NHA1/13013/547/CO/26-7/CB/Khiriya FP/E122884/B-1R/448. The engagement designates Innovision Limited as the user fee collection agency at Km 165.150 of NH-12, covering the stretch from km 130.00 to km 193.00. The contract scope includes the maintenance of adjacent facilities and the recouping of consumable items.

Contract Details

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order is domestic in nature and does not involve any related party transactions.

The company stated that neither the promoter group nor other group companies hold any interest in the entity awarding the contract. Jyoti Sachdeva, Company Secretary & Compliance Officer, signed the disclosure on behalf of Innovision Limited.