Innovision Secures Rs 310.9 Million Toll Contract From NHAI
ROADS & HIGHWAYS

Innovision Secures Rs 310.9 Million Toll Contract From NHAI

Innovision has secured a contract from the National Highways Authority of India for toll collection and facility maintenance in Tamil Nadu valued at Rs 310.9 million (Rs 310.9 mn). The company will serve as the user fee collection agency for the Vembukudi fee plaza located at kilometre 152.000 on the Cholapuram–Thanjavur section of National Highway 45C, covering a stretch from kilometre 116.440 to kilometre 164.275. The domestic order was signed on April 21, 2026 and is scheduled for execution over a period of one year beginning on June 6, 2026 at eight in the morning.

The scope of work includes upkeep and maintenance of adjacent toilet blocks and replenishment of consumable items in addition to toll operations. Innovision clarified that neither its promoters nor its group companies have any interest in the awarding entity and that the contract does not qualify as a related party transaction. The company described the order as a domestic engagement.

Innovision provides manpower services, toll plaza management and skill development training across India, along with private security, integrated facility management, manpower sourcing and payroll services, and operates toll plazas primarily for the National Highways Authority of India. The company reported that its consolidated net profit rose by 43.27 per cent to Rs 44.7 million (Rs 44.7 mn) on a 2.12 per cent increase in revenue from operations to Rs 2.3326 billion (Rs 2.3326 bn) in the third quarter of fiscal 2026 compared with the same period a year earlier. The stock added 2.52 per cent to Rs 319.35 on the announcement, while another intraday report showed shares trading down 1.20 per cent to Rs 333.55 on the BSE.

The contract will be executed by Innovision over the coming year and will strengthen its presence in toll operations and facility services in the region. The company will commence mobilisation and operational preparations ahead of the June start date.

Innovision has secured a contract from the National Highways Authority of India for toll collection and facility maintenance in Tamil Nadu valued at Rs 310.9 million (Rs 310.9 mn). The company will serve as the user fee collection agency for the Vembukudi fee plaza located at kilometre 152.000 on the Cholapuram–Thanjavur section of National Highway 45C, covering a stretch from kilometre 116.440 to kilometre 164.275. The domestic order was signed on April 21, 2026 and is scheduled for execution over a period of one year beginning on June 6, 2026 at eight in the morning. The scope of work includes upkeep and maintenance of adjacent toilet blocks and replenishment of consumable items in addition to toll operations. Innovision clarified that neither its promoters nor its group companies have any interest in the awarding entity and that the contract does not qualify as a related party transaction. The company described the order as a domestic engagement. Innovision provides manpower services, toll plaza management and skill development training across India, along with private security, integrated facility management, manpower sourcing and payroll services, and operates toll plazas primarily for the National Highways Authority of India. The company reported that its consolidated net profit rose by 43.27 per cent to Rs 44.7 million (Rs 44.7 mn) on a 2.12 per cent increase in revenue from operations to Rs 2.3326 billion (Rs 2.3326 bn) in the third quarter of fiscal 2026 compared with the same period a year earlier. The stock added 2.52 per cent to Rs 319.35 on the announcement, while another intraday report showed shares trading down 1.20 per cent to Rs 333.55 on the BSE. The contract will be executed by Innovision over the coming year and will strengthen its presence in toll operations and facility services in the region. The company will commence mobilisation and operational preparations ahead of the June start date.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Innovision Wins NHAI Toll Collection Contract at Aashpur Fee Plaza

Innovision Limited has informed stock exchanges that it has been awarded a user fee collection and facility maintenance contract by the National Highways Authority of India (NHAI). The letter of award was issued on 10 August 2026 for operations at Aashpur Fee Plaza at design kilometre 231.100 on National Highway number 91 between Aligarh and Kanpur in Uttar Pradesh. The engagement covers collection of user fees for four and more lane sections and the upkeep and maintenance of adjacent toilet blocks including replenishment of consumable items. The contract was secured through a competitive e-te..

Next Story
Infrastructure Urban

Bharat Electronics Secures Rs.5,410 mn In Orders

Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured additional orders worth Rs.5,410 million (mn) since the last disclosure on 31 July 2026. The fresh awards raise the company's recently reported intake and were announced by way of a regulatory filing on 10 August 2026. The orders span multiple business verticals and are incremental to contracts already under execution. The update follows the company's routine disclosure obligations to the stock exchanges. Major orders received include communication equipment, electro optics, ammunition fuzes, Chemical B..

Next Story
Infrastructure Urban

United Drilling Tools Receives US Order For Gas Lift Mandrel

United Drilling Tools Limited said it has received an order from Tri Lift Services Inc of the United States for the supply of a gas lift mandrel to be used in the oil and gas industry. The company said the disclosure was made to listing authorities under the Securities and Exchange Board of India listing rules and the SEBI master circular of November 2024. The notice set out the nature of the contract as commercial and awarded by an international entity. The order is to be executed in the ordinary course of business and carries an estimated contract value of Rs four point eight three million (..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement