Highway Infrastructure Ltd Secures Rs. 16 Crore NHAI Contract
Filing Summary
Highway Infrastructure Ltd has received a Letter of Acceptance from the National Highways Authority of India (NHAI) for operations at the Katiyara Fee Plaza in Bihar. The contract is valued at approximately Rs. 16 Crore and involves the operation and collection of user fees at the plaza. The contract is to be executed within 90 days. This development is in accordance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. The company has confirmed that the contract does not involve any related party transactions.
Highway Infrastructure Ltd has announced the receipt of a Letter of Acceptance from the National Highways Authority of India (NHAI) for the operation of the Katiyara Fee Plaza in Bihar. The contract, valued at Rs. 15,63,99,930, was issued on 25th February 2026. The project involves the operation and collection of user fees at the plaza, located at Km 77+821 of Village-Katiyara, District-Rohtas, for the four-laning of the Pararia-Mohania section of NH-319.
The contract includes the engagement of a user fee agency through an e-tender process. Additionally, it requires the upkeep and maintenance of adjacent toilet blocks, including the replenishment of consumable items. The contract is to be executed within a period of 90 days from the date of issuance.
The company has clarified that the contract was awarded by a domestic entity and does not involve any related party transactions. There is no interest from the promoter or promoter group companies in the entity that awarded the contract.
National Highways Authority of India (NHAI) is responsible for the development, maintenance, and management of national highways in India. It plays a crucial role in ensuring the smooth operation of highway infrastructure across the country.
Highway Infrastructure Ltd focuses on infrastructure development projects, particularly in the highway sector. The company is committed to enhancing its operational capabilities and expanding its project portfolio in the infrastructure domain.