21-Aug-2026      17:42

Innovision Limited secures Rs 51.54 crore contract from NHAI for toll collection and facility maintenance

Innovision Limited has received a Letter of Award from the National Highways Authority of India (NHAI) for a toll collection and facility maintenance contract on the Raebareilly-Allahabad Section in Uttar Pradesh, encompassing Etaura Bujurg and Akhtiyari Kotila fee plazas. The contract, awarded on August 20, 2026, involves user fee collection and upkeep of adjacent toilet blocks for a period of one year, with a broad commercial consideration of Rs 51,53,79,635. The company confirmed that neither the promoter group nor any group companies have an interest in NHAI, and the transaction is not considered a related party transaction.

News source: Capital Market - Live News