Innovision Limited Secures Major Toll Collection and Maintenance Contract from NHAI worth 83 Crore
Innovision Limited has been awarded a significant contract by the National Highways Authority of India (NHAI) for toll collection and facility maintenance along a critical stretch of National Highway number 91 in Uttar Pradesh. The Letter of Award was granted on August 10, 2026.The project involves Innovision Limited acting as the user fee collection agency at the Aashpur Fee Plaza, located at Design Km. 231.100 of NH-91. This facility is situated in the Aligarh-Kanpur section of National Highway number 91.
Under the terms of the contract, Innovision Limited will manage the use of the four or more lane section and undertake the upkeep and maintenance of adjacent Toilet blocks, which includes replenishing consumable items. The engagement was awarded following a competitive bidding process via E-Tender.
The contract details are as follows:
| Particular | Detail |
|---|---|
| Awarding Entity | NHAI (National Highways Authority of India) |
| Nature of Contract | Toll collection and facility maintenance contract |
| Contract Duration | 1 year |
| Commercial Consideration | 83,29,29,635 |
| Transaction Type | Domestic entity engagement |
The business deal is a domestic engagement. Innovision Limited will oversee the fee collection and facility upkeep for the Aashpur Fee Plaza project. The contract is not associated with any related party transactions, and the promoter group does not hold any interest in the NHAI regarding this award.
INNOVISION Stock Price Movement
Innovision Limited shares today slipped by 0.81% to settle at ₹282.2, driven down by a loss of ₹2.30 per share. The stock saw a volume of 9,172 shares traded during the session.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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