Announced Tue, 7 Jul · 19:17 IST
NHAI awards Innovision Rs 9.23 crore toll collection contract
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INNOVISION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹288.50
prior close
₹295.00
base price
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AI summary
Innovision has received a Letter of Award from NHAI to act as user fee collection agency at the Vaddupalli fee plaza on the Anantapur-Kalyandurg highway section in Andhra Pradesh. The contract includes upkeep of adjacent toilet blocks and is worth Rs 9,23,44,635 (around Rs 9.23 crore). Duration is one year starting 24 August 2026. The order is domestic with no related party involvement.
Likely market impact
Adds a new government-backed revenue stream; modest contract size but improves order book visibility.