Nature of the Event

Innovision Limited has received a Letter of Award (LoA)/Work Order from the National Highways Authority of India (NHAI) for engagement as a user fee collection agency. This is a regulatory disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026.

Key Quantitative Figures

The total value of the contract is ₹7,73,79,635 (Rupees Seven Crore Seventy Three Lakh Seventy Nine Thousand Six Hundred and Thirty Five Only).

Dates of Action

The Letter of Award was granted by NHAI on June 22, 2026. It was received by the company on June 23, 2026. The contract is to be executed for a period of one year, commencing on August 15, 2026, after 8:00 AM.

Parties or Entities Involved

The contract has been awarded by the National Highways Authority of India (NHAI). The recipient of the contract is Innovision Limited. The tender was identified under reference ID NHAI/13013/547/CO/26-27/CB/Thenpalli FP/E-126390/B1/R-558.

Purpose or Stated Rationale

The company has been engaged as a user fee agency on the basis of competitive bidding. The scope of work involves toll collection and facility maintenance for the Pileru to Puthalapattu Section (Two Lanes with paved shoulders) from Km 300.193 to Km 337.693 of NH-40 (Old NH-18) in the state of Andhra Pradesh. The contract also includes the upkeep and maintenance of adjacent toilet blocks, including recouping the consumable items.

Significant Terms and Conditions

The contract is domestic in nature. It is a toll collection and facility maintenance contract. The promoter/promoter group/group companies of Innovision Limited have no interest in NHAI, the entity awarding the contract. The order does not qualify as a related party transaction.

Financial or Operational Impact

The contract is valued at ₹7.74 crore. The operational impact involves managing toll collection and maintaining facilities, including toilet blocks, on a specified section of a national highway for one year.

Authorized Signatory

The disclosure was signed and submitted by Jyoti Sachdeva, Company Secretary & Compliance Officer (Membership Number A22176) of Innovision Limited.