Innovision Limited has informed the exchanges of receiving a Letter of Award (LoA)/work order from the National Highways Authority of India (NHAI).
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026.
Nature of the Event
The company has been awarded a contract for the "Engagement of user fee agency on the basis Competitive Bidding for Belon Fee Plaza."
Contract Details
- Awarding Entity: National Highways Authority of India (NHAI)
- Tender ID: NHAI/13013/547/CO/26-27/CB/Belon FP/E-3959/R-1515
- Grant Date: June 4, 2026
- Receipt Date: June 5, 2026
- Scope of Work: User fee collection agency for Belon Fee Plaza at Km 136.965 on the two/four lane Aligarh-Moradabad Section (from Km 85.65 to 158.895 km) on NH-93 (NH-509) in Uttar Pradesh. The scope also includes the upkeep/maintenance of adjacent Toilet Blocks and recouping the consumable items.
- Nature of Contract: Toll collection and facility maintenance contract.
- Jurisdiction: Domestic
- Contract Duration: 1 year
- Commercial Consideration / Order Size: ₹25,69,59,635 (Rupees Twenty Five Crores Sixty Nine Lacs Fifty Nine Thousand Six Hundred and Thirty Five Only)
Related Party & Promoter Interest
- The promoter/promoter group/group companies have no interest in NHAI, the entity that awarded the contract.
- The order does not fall within related party transactions.