Innovision Limited has secured a contract worth ₹26.35 crore from the National Highways Authority of India (NHAI) for toll collection and facility maintenance at the Mundiyar Fee Plaza in Madhya Pradesh. The order was granted on June 3, 2026, following a competitive bidding process. The contract involves the engagement of Innovision Limited as a user fee collection agency and includes the upkeep of adjacent toilet blocks.

The project scope covers the Baran Shivpuri Section, spanning from Km 1184.322 to 1251.814 on New NH-27. The award was issued under tender ID NHAI/13013/547/CO/26-7/CB/Mundiyar FP/E9929/B-1R/494. The company confirmed that the order is from a domestic entity and does not involve any related party transactions.

The contract duration is set for one year, commencing from July 11, 2026. The commercial consideration for the contract is fixed at ₹26,35,29,635. Innovision stated that neither the promoter group nor group companies hold any interest in the entity awarding the contract.

Key Contract Details

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

Mr. Gurpal Singh has resigned as Whole Time Director of Innovision Limited effective June 3, 2026, due to other professional commitments and personal reasons. The resignation was tendered via a letter dated June 3, 2026, and took effect from the close of business hours on the same day. This disclosure was made in compliance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that there are no material reasons for the resignation other than those stated. The Board of Directors has been requested to note the resignation and relieve Mr. Singh of his duties and responsibilities. The necessary forms and disclosures will be filed with the relevant statutory and regulatory authorities.

Mr. Singh confirmed that his departure is not due to any disagreements with the company's management or board. He expressed gratitude to the Board, management, employees, and stakeholders for their support during his tenure and wished the company continued success.

The details of the resignation were submitted to BSE Limited and National Stock Exchange of India Limited. Innovision Limited's Company Secretary and Compliance Officer, Jyoti Sachdeva, signed the disclosure on June 3, 2026.