Innovision Limited Corrects NHAI Contract Value to ₹102 Crore from ₹4 Crore
Innovision Limited corrected a clerical error in its disclosure regarding an NHAI contract. The contract size was revised to ₹102.27 Crore from ₹4.20 Crore. The order is for user fee collection and facility maintenance at Sirohi Bahali Fee Plaza for one year, starting August 19, 2026.
The contract value is substantial (over ₹102 Crore), representing a significant business award for the company. The correction of a clerical error, while itself neutral, clarifies the true scale of this award.
The correction clarifies a significant error in the contract value, confirming a much larger order size than initially reported, which is positive for the company.
Innovision Limited has issued a corrigendum regarding a Letter of Award (LoA) received from the National Highways Authority of India (NHAI). The company clarified that an earlier disclosure on June 25, 2026, contained an inadvertent clerical error concerning the commercial consideration of the order.
The incorrect amount stated was ₹4,20,30,000 (₹4.20 Crore), whereas the correct value of the contract is ₹102,27,29,635 (₹102.27 Crore). This contract is for engagement as the User Fee Collection Agency for the Sirohi Bahali Fee Plaza.
The corrected LoA details specify the engagement of Innovision Ltd as the user fee agency through competitive bidding via e-tender for the Sirohi Bahali Fee Plaza. The scope includes toll collection and facility maintenance for specific sections of National Highway numbers 148B and 11 in Haryana and Rajasthan, along with upkeep of adjacent toilet blocks. The contract has a duration of 1 year, commencing from August 19, 2026.
Innovision Limited expressed regret for the clerical error and reaffirmed its commitment to maintaining high standards of corporate governance and regulatory compliance.
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Innovision 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 high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Innovision Limited. Read the original for the full detail.