Innovision Limited Secures ₹3.01 Crore Manpower Supply Contract from MP Electricity Distribution Company

Innovision Limited has announced securing a significant manpower supply contract worth ₹3,01,38,756 from MP East Zone Electricity Distribution Company. The Letter of Award was granted on April 24, 2026, through a competitive bidding process, marking another milestone in the company's business operations.

Contract Details

The comprehensive contract encompasses supply of additional external sources of skilled, semi-skilled and unskilled labour services. The order details are structured as follows:

Parameter:	Details
Awarding Entity:	Office of Superintending Engineer(Operation) Circle, MP East Zone Electricity Distribution CO. Ltd, Rampur, Jabalpur
Contract Value:	₹3,01,38,756 (Three Crore One Lakh Thirty Eight Thousand Seven Hundred Fifty Six)
Award Number:	SE/O&M/JBP/PUR/248
Contract Nature:	Manpower Supply (skilled, semi-skilled and unskilled labour)
Execution Period:	Annual
Market Type:	Domestic

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026.

Corporate Governance Aspects

Innovision Limited has confirmed that this contract maintains proper corporate governance standards:

No promoter, promoter group, or group companies have any interest in the awarding entity
The contract does not fall within related party transactions
The order was secured through competitive bidding process

The contract represents a domestic business opportunity in the manpower supply sector, specifically catering to the electricity distribution industry in Madhya Pradesh. This annual contract demonstrates the company's capability to secure substantial orders in the skilled and unskilled labour supply segment.

Innovision Limited has received a Letter of Award from the National Highways Authority of India (NHAI) for a user fee collection agency engagement valued at ₹31.09 crore. The contract covers operations at Vembukudi fee plaza located at Km 152.000 of Cholapuram-Thanjavur Section on NH-45C in Tamil Nadu.

Contract Specifications

The NHAI awarded the contract under tender ID NHAI/13013/547/CO/26-27/CB/Vembukudi FP/266225/B1/W/349, with the Letter of Award granted on April 21, 2026. The comprehensive engagement encompasses both toll collection services and facility maintenance operations.

Parameter:	Details
Contract Value:	₹31.09 crore
Awarding Authority:	National Highways Authority of India (NHAI)
Location:	Vembukudi fee plaza, Km 152.000
Highway Section:	Cholapuram-Thanjavur (Km 116.440 to Km 164.275)
Highway:	NH-45C, Tamil Nadu
Contract Duration:	1 year from June 6, 2026

Service Scope and Operations

The contract establishes Innovision as the user fee collection agency for the Vembukudi fee plaza, which serves the Cholapuram-Thanjavur section spanning from Km 116.440 to Km 164.275 of NH-45C. Beyond toll collection operations, the scope includes upkeep and maintenance of adjacent toilet blocks, including replenishing consumable items.

Commercial Terms

The total contract value stands at ₹31,09,79,635 (Rupees Thirty One Crores Nine Lakhs Seventy Nine Thousand Six Hundred and Thirty Five). This domestic contract represents a significant addition to Innovision's infrastructure services portfolio and demonstrates the company's capabilities in highway operations management.

Regulatory Compliance

Innovision disclosed the contract award under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no promoter or group companies have any interest in NHAI, and the contract does not constitute a related party transaction. The one-year operational period commences from June 6, 2026, at 08:00 AM.