Announced Thu, 8 Oct, 2026 · 19:20 IST
Highway Infra bags Rs 24.46 cr NHAI toll plaza contract in Tamil Nadu
HILINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Highway Infrastructure Limited has signed a contract agreement with NHAI worth Rs 24.46 crore for operating and collecting user fees at Velanchettiyur Fee Plaza on the Karur to Dindigul section of NH-7 in Tamil Nadu. The scope also covers upkeep and maintenance of adjacent toilet blocks. The contract is for 90 days. The company had earlier received the Letter of Award on September 30, 2026.
Likely market impact
Adds a government-backed toll collection contract to revenue, though the 90-day duration is short and limits long-term earnings visibility.