Innovision wins Rs 25.69 crore NHAI contract for toll operations
Innovision Limited secured a ₹25.69 crore contract from the National Highways Authority of India for toll collection and facility maintenance at the Belon Fee Plaza in Uttar Pradesh. The one-year contract, awarded through competitive bidding, covers operations on the Aligarh-Moradabad section of NH-93.
*this image is generated using AI for illustrative purposes only.
Innovision Limited has secured a contract worth ₹25.69 crore from the National Highways Authority of India (NHAI) for toll collection and facility maintenance, marking a significant operational expansion in Uttar Pradesh. The agreement entails the engagement of Innovision Limited as the user fee collection agency for the Belon Fee Plaza, located at Km 136.965 on the Aligarh-Moradabad section. This development strengthens the company's presence in the highway infrastructure sector.
The contract scope includes managing user fee collection for a two/four-lane section with paved shoulders, spanning from Km 85.65 to 158.895 km on NH-93 (NH-509). Additionally, the company is responsible for the upkeep and maintenance of adjacent toilet blocks, including the recouping of consumable items. The project was awarded through competitive bidding under tender ID NHAI/13013/547/CO/26-27/CB/Belon FP/E-3959/R-1515.
The order was granted on June 4, 2026, and formally received by the company on June 5, 2026. The duration of the contract is set for one year, during which Innovision Limited will execute the operations as a domestic entity. The company confirmed that neither the promoter group nor any group companies hold any interest in the NHAI, and the transaction does not fall under related party transactions.
Contract Details
| Sr No. | Particulars | Remarks |
|---|---|---|
| 1 | Name of the entity awarding the order | NHAI (National Highways Authority of India) |
| 2 | Nature of order | Toll collection and facility maintenance contract |
| 3 | Time period for execution | 1 year |
| 4 | Commercial consideration | ₹25,69,59,635 |
| 5 | Promoter/Group interest | No |
The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Jyoti Sachdeva, Company Secretary & Compliance Officer, signed the filing on behalf of Innovision Limited.
Historical Stock Returns for Innovision
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.54% | -3.84% | -9.02% | -21.45% | -21.45% | -21.45% |
What is the likelihood of Innovision securing a contract renewal or extension beyond the initial one-year period?
How will this ₹25.69 crore order impact Innovision Limited's overall revenue and profit margins for the current fiscal year?
Does Innovision plan to leverage this NHAI partnership to bid for similar toll collection projects in other regions?
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