Innovision Limited, a company providing road maintenance, toll plaza management, and manpower services to its clients, on April 22, explained that,

The Company has received a Letter of Award (LoA) from NHAI (National Highways Authority of India), a Domestic Entity. Source: BSE.

Contract Details

According to the official press release, Innovision (the company) has received a work order engagement from the user fee agency through competitive bidding.

The contract is for the Vembukudi fee plaza at Km 152.000 of the Cholapuram-Thanjavur Section, from Km 116.440 to Km 164.275 of NH-45C, in the state of Tamil Nadu, India.

The scope of the contract includes upkeep (maintenance) of adjacent Toilet Blocks, including recouping the consumable items, a company spokesperson added.

It is a ‘Toll collection’ and ‘Facility Maintenance’ contract granted to the company under tender ID NHAI/13013/547/CO/26-27/CB/Vembukudi FP/266225/B1/W/349.

Earlier this month, on April 11, 2026, Innovision won an NHAI order worth ₹99.35 Cr.

Innovision Secures NHAI Contract

Contract Value

The total aggregate value of the contract is INR 31,09,79,635/- (Rupees Thirty One Crores Nine Lakhs Seventy Nine Thousand Six hundred and thirty five only).

Tenure

1 year, starting from June 6, 2026 (08:00 AM).

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Refer to innovision limited news for further details.

Market Cap: The company’s market capitalization is ₹800 crore.

Technical & Price Performance: The Company raised ₹323 Cr through the IPO and got listed on March 17, 2026.

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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.

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