The company wishes to inform that it has received a work order for engagement of user fee collection agency on the basis of competitive bidding through e-tender Bahraich Bypass-Rupadiha ....
INNOVISION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Innovision Limited has received a work order from the National Highways Authority of India (NHAI) to serve as the user fee collection agency for the Bahraich Bypass-Rupadiha section of NH-28C in Uttar Pradesh. The contract also includes upkeep and maintenance of adjacent toilet blocks. The award was granted through competitive bidding via e-tender under tender ID NHAI/13013/547/CO/26-27/CB/Gulalpurva FP/E-2452/R-1389 dated 07.05.2026. The contract value is Rs. 19,78,29,635 (approximately Rs. 19.78 crore) for a period of 1 year. This is a domestic government contract with no related party involvement.
This new government contract provides revenue visibility for one year and demonstrates the company's ability to win competitive bids from NHAI. The Rs. 19.78 crore contract size is likely material for the company, though the impact on stock price will depend on the company's total revenue base.