Highway Infrastructure Limited has executed the contract agreement for its largest-ever single work contract, valued at ₹328.77 crores, with the National Highways Authority of India (NHAI). The company announced that it will take over the Kaza Fee Plaza operations on January 23, 2026, marking a significant milestone in its toll operations business.

Contract Execution Details

The company executed the contract agreement on January 8, 2026, following the Letter of Award (LOA) received in December 2025. The takeover is scheduled for January 23, 2026, as per the regulatory filing under Regulation 30 of SEBI Listing Regulations.

Order Book Performance

This contract has propelled HIL's order book to exceed ₹1,000 crores, demonstrating substantial growth across different segments:

The remarkable 340% increase in toll projects since March highlights the company's growing presence in the toll operations segment.

Company Profile

Highway Infrastructure Limited operates as an integrated infrastructure development and management company with presence across 11 states and 1 Union Territory. The company's core business segments include toll operations, EPC infrastructure, and real estate. With a market capitalization of ₹473.57 crores, HIL has positioned itself as a significant player in the infrastructure sector.

The execution of this contract reinforces HIL's capability to handle high-value projects and enhances its revenue visibility in the toll operations business. The company's advanced technology adoption for efficient toll operations and project execution continues to support its growth strategy across infrastructure segments.

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.