Innovision Limited has formally intimated the stock exchanges under Regulation 30 of SEBI (LODR) Regulations, 2015, regarding receipt of a significant work order.
The company received a Letter of Award from the National Highways Authority of India (NHAI) on 03 June 2026. The award was granted under tender ID NHAI/13013/547/CO/26-7/CB/Mundiyar FP/E9929/B-1R/494.
The contract involves "Engagement of user fee agency on the basis Competitive Bidding for Mundiyar Fee Plaza at Km 1217.725 from Baran Shivpuri Section from Km 1184.322 to 1251.814 on New NH-27 in the state of Madhya Pradesh." Additionally, the scope includes "upkeep/maintenance of adjacent Toilet Blocks including recouping the consumable items."
Key Contract Details
- Contract Value: ₹26,35,29,635 (Rupees Twenty Six Crores Thirty Five Lakhs Twenty Nine Thousand Six Hundred Thirty Five only)
- Execution Period: 1 year from 11 July 2026
- Location: Mundiyar Fee Plaza, NH-27, Madhya Pradesh
Regulatory Compliance Details
The disclosure is made in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026. The company has confirmed that:
- The promoter/promoter group/group companies have NO interest in the entity that awarded the contract
- The contract does NOT fall within related party transactions