Highway Infrastructure Limited has secured a significant contract from the National Highways Authority of India (NHAI), receiving a Letter of Award worth ₹32.00 crores for toll operations at Jawar Fee Plaza. The company announced this development on January 6, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details and Strategic Impact

The awarded contract involves comprehensive operations at the Jawar Fee Plaza, strategically located at Km 37.100 of the Mathura to Devinagar Bypass on National Highway 530B in Uttar Pradesh. This one-year engagement significantly strengthens the company's toll operations portfolio and enhances revenue visibility.

Operational Responsibilities and Scope

The contract encompasses multiple operational aspects that Highway Infrastructure Limited will manage as part of its toll operations portfolio:

• User Fee Collection: Primary responsibility for collecting tolls at the Jawar Fee Plaza
• Facility Maintenance: Upkeep and maintenance of adjacent toilet blocks
• Resource Management: Management of consumable items as part of facility operations
• Operations Management: Comprehensive management of plaza operations across the designated highway section

Order Book Strengthening and Financial Impact

According to Managing Director Mr. Arun Kumar Jain, this new contract addition brings the company's consolidated order book to exceed ₹1,000.00 crores, significantly enhancing revenue visibility and supporting margin stability. The company continues to focus on expanding its presence across key national corridors with a healthy pipeline of upcoming opportunities.

Company Profile and Market Position

Highway Infrastructure Limited, incorporated in 2006, operates as an integrated infrastructure development and management company with diversified operations across toll operations, EPC projects, and real estate. The company leverages advanced technology for efficient toll operations and maintains a strong track record of project delivery and operational excellence under the leadership of Mr. Arun Kumar Jain.

The contract represents a domestic engagement with a government entity, confirming no related party transactions and maintaining arm's length dealings. This NHAI partnership demonstrates the company's competitive positioning in the highway operations sector and its capability to secure significant government contracts for infrastructure management services.

Highway Infrastructure Limited has announced a significant contract extension from the National Highways Authority of India (NHAI) for its toll collection operations in Rajasthan. The company received formal notification on December 10, extending its engagement for user fee collection on the 4-Lane Greenfield Expressway spur from Delhi-Vadodara Greenfield expressway.

Contract Extension Details

The NHAI has extended the original 90-day contract period by one additional month, demonstrating confidence in the company's operational capabilities. This extension follows the company's previous intimations regarding the commencement of operations on this strategic highway project.

Management Commentary

Speaking on the development, Mr. Arun Kumar Jain, Managing Director of Highway Infrastructure Limited, stated: "This extension reflects our strong execution capabilities and further strengthens our toll operations portfolio. With emerging opportunities across the tolling ecosystem, we remain focused on expanding our presence across national corridors."

Jain highlighted the company's recent achievements, noting: "Recently, we secured the largest-ever single work contract of ₹328.77 crores, and with this additional one-month contract extension valued at ₹6.18 crores, our Tollways collection order book continues to grow both in scale and depth."

Scope of Operations

The contract encompasses comprehensive toll collection and maintenance services for the expressway infrastructure. Highway Infrastructure Limited's responsibilities under this engagement include:

• User fee collection operations at the designated Fee Plaza
• Upkeep and maintenance of adjacent toilet blocks
• Recouping of consumable items for facility maintenance
• Overall operational management of the 4-Lane Greenfield Expressway spur

Company Profile

Incorporated in 2006, Highway Infrastructure Limited is a leading infrastructure development and management company with diversified operations across tollways collection, EPC projects, and real estate. The company operates in 11 states and 1 Union Territory, leveraging advanced technology for efficient toll operations and high-quality project execution.

Regulatory Compliance

Highway Infrastructure Limited has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this contract does not involve any related party transactions and maintains arm's length dealings with NHAI, a domestic entity.

The contract extension reinforces Highway Infrastructure Limited's position in the toll collection and highway maintenance sector, providing continued revenue visibility for the company's operations in Rajasthan's expanding highway network.