Highway Infrastructure Limited has informed the Exchange about Bagging/Receiving of orders/contracts
HILINFRA · price
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Highway Infrastructure Limited has signed a contract agreement with the National Highways Authority of India (NHAI) on 20th March 2026, following the Letter of Acceptance received earlier on 25th February 2026. The contract is worth Rs. 15.64 crore (approximately) and involves operating and collecting user fees at the Katiyara Fee Plaza located on NH-319 (old NH-30) in District Rohtas, Bihar, including upkeep of adjacent toilet blocks. The takeover of the fee plaza is scheduled for 5th April 2026, and the contract execution period is 90 days. The promoter group has no interest in NHAI, and the order is not a related party transaction.
This is a positive order win from a government-backed entity (NHAI), strengthening the company's order book. However, the contract is relatively short-term (90 days) and modest in size, so it provides near-term revenue visibility rather than a transformational impact on the stock.