Highway Infrastructure Ltd Secures Rs. 32 Crore Contract with NHAI
Filing Summary
Highway Infrastructure Ltd has entered into a contract with the National Highways Authority of India (NHAI) for the operation and maintenance of the Jawar Fee Plaza. The contract, valued at Rs. 32 Crore, involves the collection of user fees and upkeep of facilities along a section of National Highway 530B in Uttar Pradesh. The agreement is set for execution over one year, with the company scheduled to take over operations on January 31, 2026. This contract does not involve any related party transactions and is awarded by a domestic entity.
Highway Infrastructure Ltd has entered into a contract agreement with the National Highways Authority of India (NHAI) for the operation of the Jawar Fee Plaza. The agreement was signed on January 15, 2026, and pertains to the section of National Highway 530B from Mathura to Devinagar Bypass in Uttar Pradesh.
The contract involves the collection of user fees at the Jawar Fee Plaza, located at Km 37.100, and the maintenance of adjacent toilet blocks, including the replenishment of consumable items. The total value of the contract is Rs. 32,00,77,777. The company is scheduled to commence operations on January 31, 2026, and the contract is set for a duration of one year.
This contract was awarded by a domestic entity, and there is no involvement of related party transactions. The company has confirmed that neither the promoter nor the promoter group companies have any interest in the entity that awarded the contract.
The details of the contract were disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and are accompanied by requisite documentation as per the SEBI Master Circular dated November 11, 2024.
National Highways Authority of India is responsible for the development, maintenance, and management of national highways in India. It plays a crucial role in the implementation of road infrastructure projects across the country, focusing on enhancing connectivity and transportation efficiency.
Highway Infrastructure Ltd specializes in infrastructure development, particularly in the construction and management of highways and related facilities. The company focuses on expanding its operations through strategic contracts and partnerships, aiming to enhance its service offerings in the infrastructure sector.