Highway Infra Secures Rs. 24.46 Crore Toll Operations Contract from NHAI
Highway Infrastructure Limited secured a Rs. 24.46 crore toll operations contract from NHAI for the Velanchettiyur Fee Plaza in Tamil Nadu. The contract spans 90 days and strengthens the company's footprint in Southern India. The order is expected to enhance medium-term revenue visibility.
The contract value of Rs. 24.46 crore is significant, contributing to the company's order book and expanding its operational footprint, which can have a moderate impact on its financial performance.
The company has secured a new contract, which is a positive development for its business growth and revenue visibility.
Highway Infrastructure Limited (HIL) has announced the receipt of a Letter of Acceptance (LOA) from NHAI for the operation and collection of user fees at the Velanchettiyur Fee Plaza in Tamil Nadu. The contract is valued at Rs. 24.46 crore and was awarded on September 30, 2026.
The mandate includes the operation of the Velanchettiyur Fee Plaza, situated on the four-lane Karur-Dindigul section of NH-7. The scope of work encompasses toll fee collection and the upkeep and maintenance of adjacent toilet facilities. The project is slated for execution over a period of 90 days.
This contract is expected to strengthen HIL's presence in Southern India and aligns with its strategy to expand across high-traffic national highway corridors. The company views this as a testament to its strong credentials in the toll management segment.
Mr. Arun Kumar Jain, Managing Director of Highway Infrastructure Limited, expressed his pleasure, stating, "We are pleased to receive the Rs. 24.46 crore contract from NHAI for the operation of the Velanchettiyur Fee Plaza in Tamil Nadu. This order further expands our toll way collection portfolio and strengthens our presence across key national highway corridors. Continued success in securing orders is enhancing our medium-term revenue visibility and underscores our proven execution capabilities. With a healthy bidding pipeline and growing opportunities across the highway infrastructure sector, we remain well positioned to expand our order book, drive sustainable growth, and create long-term value for stakeholders."
Highway Infrastructure Limited is an integrated infrastructure platform with capabilities in Tolling, EPC, and Real Estate, operating across 11 states and 1 Union Territory.
What to do with a filing like this
Highway Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Highway Infrastructure Limited. Read the original for the full detail.