Highway Infrastructure Limited Secures Contract for Kozhinjipatti Fee Plaza Operation by NHAI
Highway Infrastructure Limited has signed a significant Contract Agreement with the National Highways Authority of India (NHAI) for the operation and maintenance of the Kozhinjipatti Fee Plaza. The agreement concerns the Dindigul-Samayanallur section of NH-44 (Old NH7) in Tamil Nadu.The contract award was formalized on July 27, 2026. This agreement follows the company's receipt of a Letter of Acceptance (LOA) for the operation at Kozhinjipatti Fee Plaza, located at Km 392+921.
As part of this engagement, Highway Infrastructure Limited will be responsible for collecting user fees and maintaining adjacent Toilet blocks along the specified section of the national highway. The operational scope covers the Dindigul-Samayanallur stretch, specifically from Km 373+726 to Km 426+775 [Actual Chainage Km 368+147 to Km 421+196].
The contract details awarded by NHAI are as follows:
| Parameter | Detail |
|---|---|
| Awarding Entity | National Highways Authority of India (NHAI) |
| Nature of Contract | Work Order for operation and collection of user fee at Kozhinjipatti Fee Plaza |
| Contract Value | Rs. 28,68,99,930/- (Rupees Twenty-Eight Crore Sixty-Eight Lakhs Ninety-Nine Thousand Nine Hundred and Thirty Only) |
| Execution Timeline | 90 days |
The contract is domestic in nature. Furthermore, the company confirmed that neither the promoter nor any of its group companies have an interest in the entity that awarded the contract, and the transaction does not fall under related party transactions.
HILINFRA Stock Price Movement
Highway Infrastructure Limited shares ended the day strong, gaining 5.99% to settle at ₹46.37 in post-market trading. The stock saw robust interest with a volume of 192,373 shares traded, having moved within an intraday range between ₹44.30 and ₹49.50.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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