Innovision Limited Secures NHAI Work Order for Toll Collection and Facility Maintenance Worth Rs. 19,78,29,635

Innovision Limited has secured a work order from the National Highways Authority of India (NHAI) for toll collection and facility maintenance services, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated 08/05/2026. The contract pertains to the engagement of the company as a user fee collection agency on the Bahraich Bypass-Rupadiha Section of NH-28C (Gulalpurva) in the state of Uttar Pradesh, along with upkeep and maintenance of adjacent toilet blocks, including recouping of consumable items.

Contract Details at a Glance

The work order was awarded under tender ID NHAI/13013/547/CO/26-27/CB/Gulalpurva FP/E-2452/R-1389 dated 07.05.2026, following a competitive bidding process conducted through e-tender. The key parameters of the contract are summarised below:

Parameter:	Details
Awarding Entity:	National Highways Authority of India (NHAI)
Nature of Contract:	Toll collection and facility maintenance
Project Section:	Bahraich Bypass-Rupadiha Section of NH-28C (Gulalpurva), Uttar Pradesh
Contract Value:	Rs. 19,78,29,635 (Rupees Nineteen Crore Seventy Eight Lakh Twenty Nine Thousand Six Hundred and Thirty Five)
Contract Duration:	1 year
Domestic/International:	Domestic
Related Party Transaction:	No
Promoter/Group Interest in Awarding Entity:	No

Scope of Work

Under the terms of the contract, Innovision Limited will function as the user fee collection agency for the designated highway section. The scope also encompasses the upkeep and maintenance of adjacent toilet blocks, including the recouping of consumable items, ensuring operational continuity along the corridor.

Regulatory Disclosure

The intimation was made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026. The disclosure confirms that the contract does not constitute a related party transaction and that no promoter, promoter group, or group company holds any interest in the awarding entity, NHAI.

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.