Highway Infrastructure Ltd's management withdrew its acceptance of an NHAI toll plaza contract in Andhra Pradesh.
NHAI debarred the company and all its directors from its pre-qualified bidders list for three months due to non-acceptance.
The company is now ineligible to participate in any NHAI tenders for the entire three-month debarment period.
This disclosure is made pursuant to SEBI Listing Regulations and Circular SEBI/HO/CFD/PoD2/CIR/P/0155.