BSECompany Update23 Jul 2026 · 23 Jul 2026, 04:42 pm

Intimation of announcement under regulation 30 of LODR w.r.t Press release as -- Innovision Limited secures toll plaza in Rajasthan at Biratiya Kalan Fee Plaza

Innovision Ltd · 544732

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Innovision Limited has secured a Letter of Award (LoA) from the National Highways Authority of India (NHAI) to operate as the user fee collection agency at the Biratiya Kalan Fee Plaza, situated on the Bar-Bilara-Jodhpur section of NH-112 in Rajasthan, under NHDP Phase-IV. The engagement runs for a term of one year, with a commercial consideration of ₹97,52,79,635.

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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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Innovision Ltd - 544732 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Date: 23 July 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400001 Scrip Code: 544732 National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (East) Mumbai – 400051 Symbol: INNOVISION Subject: Submission of Press Release pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to the disclosure already made by Innovision Limited to the Stock Exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the receipt of the Letter of Award (LoA) from the National Highways Authority of India (NHAI) for engagement as the User Fee Collection Agency at the Biratiya Kalan Fee Plaza situated on the Bar- Bilara- Jodhpur section of NH-112 in Rajasthan under NHDP Phase-IV, we are enclosing herewith a copy of the Press Release being issued by the Company. The enclosed Press Release is based solely on the information already disclosed to the Stock Exchanges and does not contain any additional material information or Unpublished Price Sensitive Information (UPSI) beyond what has already been disseminated in accordance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI (Prohibition of Insider Trading) Regulations, 2015. In case of any inconsistency, the disclosure filed by the Company with the Stock Exchanges shall prevail over the enclosed Press Release. The aforesaid Press Release shall also be made available on the website of the Company at www.innovision.co.in. Kindly take the same on record. Thanking you. Yours faithfully, For Innovision Limited Jyoti Sachdeva Company Secretary & Compliance Officer Membership No.: A22176 Encl.: Press Release INNOVISION LIMITED ISO 9001 : 2008 | ISO/IEC 27001 : 2005 | ISO 14001:2015 | OHSAS 18001:2007 | CIN NO. U74910DL2007PLC157700 Corp. Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana. | Regd. Office: 1/209, First Floor Sadar Bazar, Delhi Cantt Delhi- 110010 0124-4387354/2341602, | 0124-2340186, | info@innovision.co.in, | www.innovision.co.in Innovision Limited secures its next toll plaza contract in Rajasthan, wins NHAI mandate for Biratiya Kalan Fee Plaza New Delhi, India, 23rd July, 2026 - Innovision Limited, an integrated infrastructure and services platform, has been awarded a Letter of Award (LoA) by the National Highways Authority of India (NHAI) to operate as the user fee collection agency at the Biratiya Kalan Fee Plaza, situated on the Bar-Bilara-Jodhpur section of NH-112 in Rajasthan, under NHDP Phase-IV. The company has already disclosed this development to the stock exchange under regulation 30 of the SEBI (LODR) Regulation, 2015. Contract highlights: The mandate, awarded on July 21, 2026 follows a competitive e-tender process conducted on an EPC mode basis. Beyond toll collection, the scope also extends to the upkeep and maintenance of adjacent toilet blocks, including recouping of consumable items. The engagement runs for a term of one year, with a broad commercial consideration of ₹97,52,79,635 (Rupees Ninety-Seven Crore Fifty-Two Lakh Seventy-Nine Thousand Six Hundred and Thirty-Five only) associated with the contract. This award marks a further addition to Innovision's toll management footprint, extending the Company's operational base into Rajasthan and building on its standing within NHAI's user fee collection framework. Management Commentary: Lt. Col. Randeep Hundal, Chairman & Managing Director, Innovision Limited, commented, “The Biratiya Kalan Fee Plaza mandate further expands the Company's toll management operations in Rajasthan and reinforces its continued focus on the toll management business. It reinforces the approach we have consistently taken in this vertical of participating in open, competitive processes and strengthens our credentials for participating in future competitive bidding opportunities. Our toll management vertical has scaled through the steady accumulation of individual plaza engagements rather than dependence on any single award, and this remains true here as well. The underlying model continues to be asset-light in nature, with working capital forming the primary requirement, which allows us to expand the portfolio without a proportionate rise in capital intensity. We would also note that the commercial consideration disclosed as part of our regulatory filing reflects the gross value of the engagement under the toll collection framework, where collections are remitted to NHAI and the Company retains an agreed spread. This figure should not be interpreted as an expected direct or proportionate addition to net revenue; the more meaningful measure of performance in this vertical remains the aggregate contribution across our expanding plaza portfolio. NHAI's continuing pipeline of toll asset tenders, together with the sector-wide shift toward fully digital fee collection, may provide opportunities for participation in future tenders, subject to competitive bidding and applicable eligibility criteria. We intend to remain disciplined in our participation across this pipeline, while maintaining the execution standards that have underpinned our presence across toll, manpower, and skill development businesses.” About Innovision Limited: Innovision Limited is an integrated services company offering solutions across manpower outsourcing and toll management. The Company completed its Initial Public Offering during FY 2025-26 aggregating ~₹3,192.5 million, comprising a mix of fresh issue and offer for sale, and is listed on BSE and NSE . With a diversified service portfolio and strong execution capabilities, Innovision continues to strengthen its presence across infrastructure and capitalize on opportunities across infrastructure and technology-enabled service segments in India. Disclaimer Certain statements contained in this press release may constitute forward-looking statements, which are not historical facts and are made within the meaning of applicable securities laws and regulations. These statements are based on management's current expectations, assumptions and projections regarding future events and are subject to various risks, uncertainties and other factors, including, but not limited to, government actions, local developments, technological risks and other factors, many of which are beyond the Company's control. Actual results may differ materially from those expressed or implied in such statements. Investors are advised not to place undue reliance on these forward-looking statements. Except as required under applicable law, including the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances. For Further Information Please Contact Investor Relations Advisors ConfideLeap Partners info@confideleap.com +(91) 85911 45959 www.confideleap.com