Innovision Limited has regularised the appointment of Mr. Aditya Jha as a Non-Executive Independent Director for a term of five years effective April 10, 2026. The appointment was approved by shareholders at an Extraordinary General Meeting (EGM) held on July 8, 2026. Mr. Jha is not liable to retire by rotation.

The Board appointed Mr. Aditya Jha (DIN: 01962674) as an Additional Non-Executive Independent Director on April 10, 2026. The regularisation was formalised through a special resolution passed at the EGM, which was conducted via video conferencing. The company confirmed that Mr. Jha has not been debarred from holding the office of director by the Securities and Exchange Board of India (SEBI) or any other authority, in accordance with BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CML/2018/24 dated June 20, 2018.

Mr. Jha brings over 25 years of experience in corporate leadership, strategic business development, and financial management. His expertise spans Fintech, technology-driven enterprises, consulting, and project management. The Board opined that his extensive experience in governance and strategic growth initiatives will be of immense value to the company.

Appointment Details

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Jyoti Sachdeva, Company Secretary & Compliance Officer, signed the disclosure on behalf of Innovision Limited.

Innovision Limited has secured a contract worth ₹9.23 crore from the National Highways Authority of India (NHAI) for user fee collection and facility maintenance at the Vaddupalli fee plaza in Andhra Pradesh. The order, received on July 7, 2026, designates the company as the user fee collection agency for the Anantapur-Kalyandurg section of a two-lane highway with paved shoulders on EPC mode. The contract also includes the upkeep and maintenance of adjacent toilet blocks, including the recouping of consumable items.

The award was granted under tender ID NHAI/13013/547/CO/26-27/CB/Vaddupalli/FP/E77017/B1/R/582 following a competitive bidding process through e-tender. The project is a domestic engagement and does not involve any interest from the promoter, promoter group, or group companies in the entity awarding the order. The company confirmed that the transaction does not fall within related party transactions. The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details

The broad commercial consideration for the contract totals ₹9,23,44,635, with the execution period set for one year commencing from August 24, 2026. The key parameters of the contract are outlined below: