Innovision Limited has submitted a regulatory disclosure to the BSE and NSE, as required under Regulation 30 of the SEBI (LODR) Regulations, 2015, and in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026.
The disclosure informs that the company has received a Letter of Award (LoA)/Work Order from the National Highways Authority of India (NHAI). The order was awarded on the basis of a competitive bidding process conducted via E-Tender.
Key Details of the Contract
- Awarding Entity: National Highways Authority of India (NHAI)
- Tender ID: NHAI/13013/547/CO/26-27/CB/IDTL A & IDTL B FP/E134621/R/820
- Date of Grant: The order was granted on 07.09.2026.
- Nature of Contract: Engagement as a user fee agency for toll collection and facility maintenance. The specific scope includes managing IDTL A and IDTL B Fee Plazas for the six-laning of the Indore Dewas section of National Highway-3 (NH-3) in the state of Madhya Pradesh. The contract also includes the upkeep and maintenance of adjacent toilet blocks, including recouping the consumable items.
- Geographic Scope: Domestic (India).
- Contract Value: The broad commercial consideration is ₹219,07,29,635 (Two Hundred Nineteen Crore Seven Lakh Twenty Nine Thousand Six Hundred Thirty Five Rupees).
- Execution Time Period: The contract is to be executed over a period of 1 year.
- Related Party Status: The promoter/promoter group/group companies have no interest in NHAI. The order does not fall within related party transactions and is confirmed to be done at "arm's length."
The intimation was signed by Jyoti Sachdeva, Company Secretary & Compliance Officer (Membership No-A22176), on behalf of Innovision Limited.