Highway Infrastructure has received a Letter of Acceptance from the National Highways Authority of India (NHAI) for a contract valued at Rs. 917.78 mn to operate and collect user fees at Baiti Kala Fee Plaza in Uttar Pradesh. The award was issued on 26 October 2026 under the company’s regulatory disclosure to the stock exchanges.

The contract covers the engagement of a user fee agency through electronic tendering at the plaza, located at design kilometre 175.050. The facility serves the four-lane Sultanpur-Varanasi section between design kilometre 134.700 and kilometre 209.230, and the existing stretch between kilometre 134.700 and kilometre 205.000.

The road forms part of National Highway 56, now designated as New NH-731, in Uttar Pradesh. In addition to fee collection and plaza operations, the contract requires Highway Infrastructure to maintain adjacent toilet blocks and replenish their consumable supplies.

The order has been awarded by a domestic entity and is classified as a domestic contract. The execution period is one year. The company’s regulatory filing stated that neither its promoter group has an interest in NHAI nor does the arrangement constitute a related-party transaction.

Highway Infrastructure disclosed the award in a filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The contract’s consideration is Rs. 917.78 mn, inclusive of the full value specified in the Letter of Acceptance. The filing was submitted to BSE and the National Stock Exchange of India on 26 October 2026.