Vilas Transcore acquires land worth ₹5.56 Cr to expand manufacturing facilities

Vilas Transcore Limited acquired land worth ₹5.56 Cr on June 29, 2026, to expand its manufacturing facilities and future business operations. The asset, located at Moje Gandhara, Ta-Karjan, Dist. Vadodara, was purchased to augment capacity and support the company's long-term growth strategy. The transaction involved a total area of 23.78 Guntha, with the consideration paid in full through banking channels.

The acquisition is not a related party transaction and has been entered into on an arm's length basis. The disclosure was made to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Acquisition

Particulars	Details
Name of the asset acquired	Land
Date of acquisition	29-06-2026
Location of the asset	Moje Gandhara, Ta-Karjan, Dist. Vadodara viz. Account no.174, block/survey no.11
Total area acquired	23.78 Guntha
Cost of acquisition	₹ 5,56,00,000
Purpose of acquisition	Expansion of the Company's manufacturing facilities and future business operations
Nature of consideration	Paid in Full by Banking channels/transfers
Expected benefits	The acquisition will enable the Company to augment its manufacturing capacity, facilitate future expansion and support its long-term growth strategy
Whether the acquisition falls within related party transactions	No
Whether the promoter/promoter group/group companies have any interest in the transaction	No

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.26%	-3.72%	+6.91%	+1.66%	-33.82%	+70.99%

TransCore today announced the successful launch of open-road all-electronic tolling (AET) at the Delaware River Joint Toll Bridge Commission (DRJTBC)’s New Hope-Lambertville Toll Bridge. This operational milestone marks the DRJTBC’s first conversion to open-road AET among its seven legacy toll bridges, representing a significant step in its broader tolling modernization program. The transition eliminates traditional toll plaza infrastructure, allowing motorists to travel without stopping, which enhances roadway safety and reduces long-term maintenance requirements.

As part of the conversion, TransCore deployed its Infinity Digital Lane System, including VCATS, an AI-powered vehicle classification solution. The deployment establishes a scalable framework to support the DRJTBC’s continued modernization of its toll-funded bridge network and creates the foundation for migrating its remaining six toll facilities.

"Launching open-road all-electronic tolling at New Hope-Lambertville is an important milestone in our long-term modernization efforts," said Joseph Resta, Executive Director of the Delaware River Joint Toll Bridge Commission.

Whitt Hall, President and CEO of TransCore, emphasized the operational benefits of the project. "Helping agencies modernize transportation infrastructure in a way that improves safety, reliability, and long-term operational efficiency is central to what we do," Hall stated. He noted that the project was delivered through close collaboration with the DRJTBC and project partners.

The New Hope-Lambertville Toll Bridge links Delaware Township, Hunterdon County, N.J. with Solebury Township, Bucks County, Pa. The four-lane highway bridge handles slightly more than 10,000 vehicles daily and reports the highest transponder use rates in the DRJTBC system at nearly 94 percent E-ZPass. The DRJTBC owns and operates eight toll bridges and 12 non-toll bridges along the Delaware River between Pennsylvania and New Jersey.