Innovision Limited submitted a corrigendum to its disclosure made on 25 June 2026 under Regulation 30 of the SEBI (LODR) Regulations, 2015. The original disclosure pertained to the receipt of a Letter of Award (LoA) from the National Highways Authority of India (NHAI).
The company stated that an inadvertent clerical error was made in Point No. 7 of Annexure A of the original filing. The Broad Commercial Consideration/Size of the Order was incorrectly mentioned as ₹8,11,80,000 (Rupees Eight Crore Eleven Lakh Eighty Thousand Only).
The correct value of the contract, as per the Letter of Award, is ₹197,53,79,635 (Rupees One Hundred Ninety-Seven Crore Fifty-Three Lakh Seventy-Nine Thousand Six Hundred and Thirty-Five only).
Key Contract Details from Annexure A:
- Name of the entity awarding the contract: National Highways Authority of India (NHAI).
- Brief description of the contract awarded: Engagement of Innovision Ltd as user fee collection agency. The contract was awarded on the basis of Competitive Bidding.
- Significant terms and conditions: Not detailed beyond the engagement for user fee collection.
- Domestic/International entity: Domestic.
- Nature of the contract: Toll collection and facility maintenance contract.
- Domestic or international execution: Domestic.
- Time period for execution: 1 year from 12.08.2026.
- Broad commercial consideration: ₹197,53,79,635.
- Promoter/Promoter Group/Group company interest in NHAI: No.
- Related party transaction: No. The contract is not a related party transaction and is stated to be at arm's length.
The company regrets the error and assures the stock exchanges of its continued commitment to the highest standards of corporate governance, regulatory compliance, and accuracy in its disclosures.
The communication was digitally signed and submitted by Jyoti Sachdeva, Company Secretary & Compliance Officer (Membership Number: A22176), on 03 July 2026 at 18:08:35 IST.