Innovision Wins NHAI Contract
Innovision Wins NHAI Contract For ₹99.35 Crores.
Innovision Limited, a company providing toll plaza management and manpower services to its clients, on Wednesday, April 8, 2026, announced that,
The Company has received a work order from the National Highways Authority of India (NHAI), a Domestic Entity. Source: BSE.
Contract Information
According to the official press release, Innovision has received the Work Order for the engagement of a user fee collection agency based on competitive bidding through an e-tender.
The Contract is for Vanagaram fee plaza at km 16.500 of Chennai Bypass Phase-I section from km 0.000 to km 19.170, Chennai Bypass NH- 4 & 45) in the state of Tamil Nadu, India.
The scope of the contract includes toll collection, upkeep of adjacent toilet blocks, and replenishment of consumables.
It is essentially a Toll Collection and Facility Maintenance contract, digitally signed by the company on April 6, 2026, a company spokesperson added.
Innovision Wins NHAI Contract
Contract Size
The broad consideration of the contract is INR 99,35,29,635/- (Rupees Ninety-Nine Crore Thirty-Five Lakh Twenty-Nine Thousand Six Hundred Thirty-Five Only) on FY 2025-26 rates.
Duration
The new contract is to be executed over a period of 12 months (from 15 April 2026 (08:00 hrs) to 15 April 2027 (07:59 hrs), a company management official said.
Exchange Compliance
The Company has filed these details in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Refer to innovision limited news for further details.
Market Cap: The company’s market capitalization is ₹740 Cr.
Technical & Price Performance: The Company raised ₹323 crores through the IPO and got listed on March 17, 2026.
ALSO READ:
Saatvik Green Energy Wins Solar PV Modules Order
Om Power Transmission IPO Review
Prostarm Info Systems Bags Major EPC Contract
Vikran Engineering Secures MSEDCL Order
Disclaimer: This article is purely for informational purposes. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.
