Innovision Limited has announced securing a major toll collection contract from the National Highways Authority of India (NHAI) worth ₹99,35,29,635/- for the Vanagaram fee plaza operations. The contract was awarded through competitive bidding via e-tender process and digitally signed on April 6, 2026.

Contract Details and Scope

The comprehensive service agreement covers toll collection operations for the Vanagaram fee plaza located at km 16.500 of the Chennai Bypass Phase-I section. The project spans from km 0.000 to km 19.170, taking off at km 29.151 of NH-45 and merging at km 13.800 of NH-4 in Tamil Nadu.

Service Responsibilities

Under this engagement, Innovision Limited will serve as the user fee collection agency with multiple operational responsibilities. The company will manage toll collection operations at the Vanagaram fee plaza while ensuring facility maintenance of adjacent toilet blocks. Additionally, the contract includes resource management responsibilities for recouping and replenishment of consumable items, along with full service management coverage for the designated highway section.

Regulatory Compliance

The company has fulfilled all disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The contract represents a domestic business engagement with no related party transactions or promoter group interests involved.

This significant contract win strengthens Innovision Limited's position in the highway infrastructure services sector and demonstrates the company's capability in securing major government projects through competitive bidding processes.

Innovision Limited has re-filed regulatory documents with stock exchanges regarding the resignation of Ms. Sudha Hooda as Independent Director, following an exchange observation about missing documentation. The company submitted additional details on 08th April 2026 to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Re-filing and Documentation Clarification

The company clarified that while the resignation letter was initially uploaded in the "Change in Management" section during the original filing on 07th April 2026, it was inadvertently not included under the "Disclosure for Director Resignation" section due to an oversight. The exchange observed this omission and requested proper documentation placement.

Director Resignation Details

Ms. Sudha Hooda (DIN: 07982504) tendered her resignation through a letter dated 06th April 2026, citing other professional commitments and personal reasons. The resignation takes immediate effect from the date of submission, as confirmed in the regulatory filing signed by Company Secretary Jyoti Sachdeva.

Committee Positions Impact

With Ms. Hooda's resignation, she will cease to hold the following positions within the company:

• Chairman and Member of the Audit Committee
• Member of the Nomination & Remuneration Committee

These changes in committee composition will require the company to reconstitute these important governance bodies in accordance with regulatory requirements.

Regulatory Compliance and Disclosures

The company has provided comprehensive disclosure as mandated under SEBI regulations, including detailed annexures as required under SEBI Master Circular dated November 11, 2024. Ms. Hooda confirmed that she holds no directorships in other listed companies and has no committee positions in listed entities.

Board Acknowledgment

The Board of Directors has placed on record its appreciation for the valuable contribution and guidance provided by Ms. Sudha Hooda during her association with the company as an Independent Director. The resignation letter and detailed regulatory disclosures have been properly submitted to both BSE Limited and National Stock Exchange of India Limited as required under listing regulations. Company Secretary Jyoti Sachdeva (M. No-A22176) digitally signed the official communication on 08th April 2026 on behalf of Innovision Limited.