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 formal contract agreement on 20th February 2026 with the National Highways Authority of India (NHAI) for the operation and user fee collection at Moti Naroli Fee Plaza on the eight-lane Vadodara-Mumbai Expressway in Gujarat. The contract, originally received as a Letter of Acceptance on 16th February 2026, also includes upkeep and maintenance of adjacent toilet blocks. The total contract value is Rs. 154.60 crores (Rs. 154,59,99,930) and must be executed within 90 days. The order is from a domestic government entity and involves no related party transactions.
This is a significant new contract worth around Rs. 154.6 crores from a central government authority (NHAI), which is positive for the company's order book and near-term revenue visibility. Shareholders may view this as a sign of growing business momentum, though the 90-day execution window means the revenue impact will be front-loaded.