Highway Infrastructure Limited has announced the resignation of Independent Director Mr. Om Prakash Shrivastava, effective from the close of business hours on January 28, 2026. The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Details and Resignation

Mr. Om Prakash Shrivastava (DIN: 10173322) submitted his resignation as a Non-Executive Independent Director citing health conditions as the primary reason for his departure. In his resignation letter dated January 28, 2026, he expressed gratitude for the opportunity to serve the company and described his association as "a most enriching and rewarding experience."

Committee Memberships and Responsibilities

During his tenure, Mr. Shrivastava held significant responsibilities across multiple board committees. His extensive involvement demonstrates the breadth of his contribution to the company's governance structure.

Committee Memberships:

• Audit Committee
• Nomination and Remuneration Committee
• Stakeholder Relationship Committee
• Corporate Social Responsibility Committee
• Initial Public Offer Committee

Regulatory Compliance and Confirmations

The company has fulfilled all regulatory requirements under SEBI Master Circular No. SEBI/HO/CFD-PoD2/CIR/P/0155 dated November 11, 2024. Mr. Shrivastava confirmed in his resignation letter that there are no other material reasons for his resignation beyond the health concerns mentioned.

Company Response and Next Steps

The resignation was processed by Company Secretary and Compliance Officer Palak Rathore (Membership No.: A-73755), who digitally signed the announcement on January 28, 2026. The company will complete all necessary formalities including filing requisite forms with the Ministry of Corporate Affairs and informing other relevant authorities as applicable.

Highway Infrastructure Limited, incorporated under CIN U45203MP2006PLC018398, is headquartered in Indore, Madhya Pradesh. The company trades on stock exchanges under the scrip symbol HILINFRA with scrip code 544477.

Highway Infrastructure Limited has secured a significant contract from the National Highways Authority of India (NHAI), receiving a Letter of Acceptance (LOA) worth ₹64.69 crores. The company announced this development on January 19, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details and Scope

The contract involves operations at Mundka Fee Plaza located at Km 22+750 for the project development of UER-11, covering NH-344M and NH-344N highways in Delhi and Haryana. The company will serve as the user fee agency responsible for toll collection operations at this strategic location.

Operational Responsibilities

The contract encompasses comprehensive fee plaza management responsibilities. Highway Infrastructure Limited will handle the collection of user fees from vehicles passing through the Mundka Fee Plaza. Additionally, the company will be responsible for the upkeep and maintenance of adjacent toilet blocks, including the recouping of consumable items to ensure proper facility management.

Contract Classification and Compliance

This domestic contract falls under the category of operational services for highway infrastructure. The company has confirmed that this contract does not involve any related party transactions and maintains arm's length dealing principles. The promoter and promoter group companies have no interest in NHAI, the entity awarding the contract.

Strategic Significance

The contract represents a substantial addition to Highway Infrastructure Limited's project portfolio, involving critical highway infrastructure in the National Capital Region. The UER-11 project covers important national highways connecting Delhi and Haryana, positioning the company in a key transportation corridor. With a 90-day execution timeline, the company is expected to commence operations efficiently to meet the project requirements and establish its presence in this strategic location.