Highway Infrastructure Limited has informed the Exchange about Bagging/Receiving of orders/contracts
HILINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Highway Infrastructure Limited has secured a contract from the National Highways Authority of India (NHAI) to operate and maintain the Chotiya Fee Plaza on a 2-lane section of NH-111 (New NH-130) between Katghora and Shivnagar in Chhattisgarh. The contract is valued at Rs. 31.08 crores and covers a 365-day period, with the company scheduled to take over operations on October 11, 2025. The scope includes user fee collection, upkeep of adjacent toilet blocks, and maintenance. The order has been awarded by a domestic government entity, and the promoters have no interest in NHAI.
This is a small-to-moderate order for the company with a defined 12-month revenue visibility, adding to its toll collection portfolio. Positive for the stock as it strengthens the order book from a reputed government client, though the short contract duration limits long-term earnings impact.