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:

Innovision Ltd has secured a contract worth ₹7,73,79,635 from the National Highways Authority of India (NHAI) for user fee collection and facility maintenance. The order, awarded through competitive bidding, designates the company as the user fee agency for the Pileru to Puthalapattu section of NH-40 in Andhra Pradesh. This engagement is expected to bolster the company's revenue stream in the infrastructure operations sector.

The contract scope includes the collection of user fees for a two-lane section with paved shoulders, stretching from Km 300.193 to Km 337.693. Additionally, Innovision Limited is responsible for the upkeep and maintenance of adjacent toilet blocks, including the recouping of consumable items. The project falls under the domestic category and was awarded under tender ID NHA1/13013/547/CO/26-27/CB/Thenpalli FP/E-126390/B1/R-558.

Contract Details

The agreement stipulates a defined execution period and commercial terms. The project is scheduled to commence on August 15, 2026, at 8:00 AM, and will remain valid for one year from that date.

The filing confirms that there are no interests held by the promoter, promoter group, or group companies in the entity awarding the order. Furthermore, the transaction does not qualify as a related party transaction. The Letter of Award was granted on June 22, 2026, and was received by the company on June 23, 2026.