Hot Pursuit

03-Sep-2026, 06:09

Innovision Limited has received a Letter of Award (LoA) /Work Order from the National Highways Authority of India (NHAI) for a toll collection and facility maintenance contract at the Mangapatnam Fee Plaza on NH-67 in Andhra Pradesh, commencing September 2, 2026. The contract, awarded through a competitive bidding process, encompasses upkeep and maintenance of adjacent toilet blocks and recouping consumable items, and is valued at Rs 48,25,29,635, with a one-year execution period. The company confirmed that neither promoters, promoter groups, nor group companies have any interest in NHAI, and the transaction is not considered a related party transaction.