EMS Limited has received a letter of award from the National Highways Authority of India (NHAI) for operations at the Varshamedi Fee Plaza at kilometre 13+125. The concession covers fee collection for a four lane with paved shoulder section of national highway NH-341 between Bhimasar and Anjar and extends to Airport Junction from kilometre zero to kilometre 65.478. The contract scope includes upkeep and maintenance of adjacent toilet blocks and recouping consumable items. The award follows competitive bidding through an e-tender process.

The company has disclosed the award under applicable listing regulations and said the engagement is as a user fee collection agency. The appointed period for the contract is one year and the order has been issued by a domestic authority. EMS Limited did not report any interest of its promoters or promoter group in the awarding entity and confirmed the transaction is not a related party dealing. Details of the award were annexed to the disclosure to stock exchanges.

The estimated order value excluding tax collected at source is approximately Rs 283.888 million (mn). The amount converts from the disclosed figure of Rs 2,838.88 lakhs on the basis that one lakh equals 0.1 million. The company presented the figure as an approximate value in its regulatory filing and did not provide additional financial terms. The disclosure refers to execution as per the contract and standard commercial conditions.

The letter of award was signed by the managing director and chief financial officer and lodged with the stock exchanges for record. EMS Limited trades on public markets under the scrip code 543983 and the NSE symbol EMSLIMITED and has asked exchanges to take the intimation on record. The announcement confirms the company's role in toll sector operations in Gujarat and reflects ongoing participation in highway service contracts.