Innovision Limited has informed the Exchange about Awarding of order(s)/contract(s)Engagement of Innovision Ltd as user fee collection agency for Vembukudi fee plaza at Km 152.000 of Cholapuram- Thanjavur Section from Km 116.440 to Km 164.275 of NH-45C in the state of Tamil Nadu Scope includes upkeep /maintenance of adjacent Toilet Blocks including recouping the consumable items order size 31,09,79,635/- (Rupees Thirty One Crores Nine Lakhs Seventy Nine Thousand Six hundred and thirty five only)
INNOVISION · price
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Innovision Limited has received a Letter of Award from the National Highways Authority of India (NHAI) to act as user fee collection agency at the Vembukudi fee plaza on the Cholapuram-Thanjavur section of NH-45C in Tamil Nadu. The contract scope also includes upkeep and maintenance of adjacent toilet blocks including consumable items. The order value is ₹31.1 crore (approximately ₹31,09,79,635). The contract duration is 1 year starting from June 6, 2026. The award was granted through competitive bidding under tender ID NHAI/13013/547/CO/26-27/CB/Vembukudi FP/266225/B1/W/349. This is a domestic contract with no related party involvement.
This order provides revenue visibility for the company over the next year. The ₹31.1 crore contract from NHAI is a notable domestic infrastructure services contract, though the impact on stock price will depend on the company's existing revenue base.