Innovision Secures ₹19.78 Crore Toll Collection Contract from NHAI
Innovision Limited has secured a work order from NHAI for toll collection and facility maintenance on the Bahraich Bypass-Rupadiha Section of NH-28C. The contract, valued at ₹19.78 crore for one year, was awarded on May 7, 2026.
The contract value of ₹19.78 crore is significant and will contribute to the company's revenue, but it represents a single contract for one year, hence a medium impact.
The company has received a new work order from a government authority (NHAI), which is a positive development indicating business growth.
Innovision Limited has announced receiving a significant work order from the National Highways Authority of India (NHAI) for engagement as a user fee collection agency. This contract pertains to the Bahraich Bypass-Rupadiha Section of NH-28C (Gulalpurva) in Uttar Pradesh.
In addition to toll collection, the scope of work includes the upkeep and maintenance of adjacent toilet blocks, along with recouping consumable items. The contract was awarded based on competitive bidding through an e-tender, with the award ID being NHAI/13013/547/CO/26-27/CB/Gulalpurva FP/E-2452/R-1389 dated 07.05.2026.
The contract is valued at ₹19,78,29,635 (Rupees Nineteen Crore Seventy Eight lakh Twenty Nine Thousand Six Hundred and Thirty Five) and is for a duration of one year. The company has confirmed that neither the promoter nor group companies have any interest in NHAI, and the contract does not fall under related party transactions.
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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 medium impact: worth reading, rarely worth acting on by itself.
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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.