NSEPress Release4d ago · 18 Sept 2026, 10:17 am

Press Release

Highway Infrastructure Limited · HILINFRA

✦ AI Summary▲ PositiveOrder Win

Highway Infrastructure Limited has secured a Rs. 220.66 crore toll operations contract for 2 years for the Gorakhpur Link Expressway. The contract covers toll collection and allied operations, and has been awarded for an initial period of two years with a provision for extension.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Highway Infrastructure Limited has informed the Exchange regarding a press release dated September 18, 2026, titled "Highway Infrastructure Limited Secures Rs. 220.66 Crore Toll Operations Contract of 2 years for Gorakhpur Link Expressway ".

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HIGHWAY INFRASTRUCTURE LIMITED CIN : L42909MP2006PLC018398 REG. OFFICE ADDRESS: 57-FA, SCHEME NO. 94, PIPLIYAHANA JUNCTION, RING ROAD, INDORE, (M.P.) – 452016, INDIA Tel: +91-731-2590013, 4047177 E-Mail:hiplindore@gmail.com, Visit us at : www.highwayinfrastructure.in 18 September, 2026 To, To, The Secretary, The Secretary, Corporate Relationship Department, Listing Department, BSE Limited National Stock Exchange of India Ltd. P. J. Towers, Dalal Street Exchange Plaza, BKC, Bandra (E) M umbai- MH 400001. M umbai - MH 400051. Scrip Symbol: HILINFRA | Scrip Code: 544477 | ISIN: INE00RL01028 Subject: Press Release Reference: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”) Dear Sir/Madam, In terms of the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), we hereby enclose a copy of the Press Release titled “Highway Infrastructure Limited Secures Rs. 220.66 Crore Toll Operations Contract of 2 years for Gorakhpur Link Expressway.” The above can be accessed on the website of the Company at the link www.highwayinfrastructure.in. We request you to take the above information on record. Thanking You, For Highway Infrastructure Limited Palak Rathore Company Secretary & Compliance Officer Membership No. – A-73755 Encl: As above. Highway Infrastructure Ltd 57-FA, Scheme No. 94, Pipliyahana Junction, Ring Road, Indore, Madhya Pradesh - 452016 Highway Infrastructure Limited Secures Rs. 220.66 Crore Toll Operations Contract of 2 years for Gorakhpur Link Expressway Madhya Pradesh, India 18 September 2026: Highway Infrastructure Limited (HIL) is an integrated infrastructure platform with established capabilities across Tolling, EPC, and Real Estate, is pleased to announce that it has received a Letter of Acceptance (LOA) from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for toll collection and allied operations on the Gorakhpur Link Expressway. The contract covers the collection of user fees and operation of toll plazas, along with the deployment of four patrol-cum-safety vehicles with the required personnel. It has been awarded for an initial period of two years, with a provision for extension of up to six months at UPEIDA’s discretion. The total contract value for the two-year period is Rs. 220.66 crore. The amount payable for the first year is Rs. 105.08 crore, followed by a 10% escalation in the second year. This win strengthens HIL’s tollway collection portfolio and expands its footprint across India’s growing expressway network. The Gorakhpur Link Expressway represents a transformational infrastructure initiative for Eastern Uttar Pradesh, enhancing regional connectivity, improving logistics efficiency, and unlocking new opportunities for trade, industry, and investment. By integrating key economic corridors, the expressway is expected to accelerate economic activity and support sustainable development across the region. Speaking on the development, Mr. Arun Kumar Jain, Managing Director, Highway Infrastructure Limited said: “We are pleased to secure the Rs. 220.66 crore tollway collection contract from UPEIDA. This significant order win enhances our medium-term revenue visibility and demonstrates HIL’s ability to execute large- scale toll management mandates. It further strengthens our credentials to pursue larger, higher-value projects while expanding our toll operations footprint across key highway and expressway corridors. Alongside scaling our operations, we continue to invest in developing proprietary technology solutions aimed at improving toll collection efficiency, transaction accuracy, and operational effectiveness. With our growing scale, proven execution capabilities, technology-led approach, and diversified operating footprint, HIL is well positioned to capitalize on emerging opportunities in India’s expanding road infrastructure sector." HIGHWAY INFRASTRUCTURE LIMITED CIN: L42909MP2006PLC018398 Highway Infrastructure Ltd 57-FA, Scheme No. 94, Pipliyahana Junction, Ring Road, Indore, Madhya Pradesh - 452016 About Highway Infrastructure Limited Limited: Incorporated in 2006, Highway Infrastructure Ltd is a leading infrastructure development and management company with diversified operations across tollways collection, EPC projects, and real estate. Operating across 11 states and 1 Union Territory, the company leverages advanced technology for efficient toll operations and high-quality project execution. Guided by an experienced leadership team led by Mr. Arun Kumar Jain, Highway Infrastructure has built a strong track record of project delivery and operational excellence. With a robust order book and a growing project pipeline, the company is strategically positioned to capitalize on emerging opportunities in India’s infrastructure and urban transport sectors. For more information, please contact: Highway Infrastructure Limited Ernst & Young LLP Palak Rathore Abhishek Bhatt / Shrishti Tandon cs@highwayinfrastructure.in Abhishek.Bhatt3@in.ey.com / Shrishti.Tandon@in.ey.com DISCLAIMER: Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political, or economic developments, industry risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Highway Infrastructure Limited will not be responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. HIGHWAY INFRASTRUCTURE LIMITED CIN: L42909MP2006PLC018398