Innovision Ltd has corrected the commercial consideration of its Letter of Award (LoA) from the National Highways Authority of India (NHAI) to ₹197,53,79,635. The company identified an inadvertent clerical error in its previous disclosure submitted on June 25, 2026, which had understated the order size. The initial filing had erroneously stated the Broad Commercial Consideration as ₹8,11,80,000. The revised figure significantly increases the reported value of the contract awarded to the entity.

The correction was submitted to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the accurate details in Annexure A attached to the regulatory filing.

Contract Scope

The contract entails the engagement of Innovision Ltd as the user fee agency for the Ghamroj Fee Plaza, located on National Highway number 248 in the State of Haryana and Rajasthan. The scope of work includes toll collection and the upkeep of adjacent toilet blocks, including the recouping of consumable items. The order was secured through competitive bidding via e-tender.

Contract Details

The key parameters of the corrected contract are outlined below:

The company clarified that the promoter, promoter group, or group companies do not hold any interest in the entity awarding the contract. Furthermore, the transaction does not qualify as a related party transaction. Innovision Ltd expressed regret over the clerical error and reaffirmed its commitment to maintaining high standards of corporate governance and accuracy in its disclosures.

Innovision Limited has secured a work order worth ₹4,20,30,000 from the National Highways Authority of India (NHAI) for toll collection and facility maintenance. The contract was awarded through competitive bidding for the Sirohi Bahali Fee Plaza, located on National Highway number 148B and NH-11 in the State of Haryana and Rajasthan. The project involves the engagement of the company as a user fee agency and includes the upkeep of adjacent toilet blocks, including the recouping of consumable items.

The Letter of Award (LoA) was granted on June 24, 2026, and received by the company on June 25, 2026. The order was issued under tender ID NHAI/13013/547/CO/26-27/CB/Sirohi Bahali FP/E-54931/R-1613. This domestic contract is set to be executed over a period of one year starting from August 19, 2026.

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the promoters, promoter group, or group companies do not hold any interest in the entity awarding the contract. Furthermore, the order does not fall within related party transactions.

Contract Details

The key parameters of the awarded contract are outlined below: