BSECompany Update6d ago · 31 Jul 2026, 10:21 am

Announcement

PVV Infra Ltd · 536659

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PVV Infra Ltd has received two Letters of Award (LOA) from National Highways Logistics Management Limited (NHLML) for the development, operation, and maintenance of wayside amenities on National Highways in Madhya Pradesh on a Design, Build, Operate and Transfer (DBOT) basis.

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PVV Infra Ltd - 536659 - Receipt Of Letters Of Award (LOA) From National Highways Logistics Management Limited (NHLML), A 100% Owned SPV Of The National Highways Authority Of India (NHAI).

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Date: July 31, 2026 The Manager, Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 536659 | Symbol: PVVINFRA | ISIN: INE428B01021 Dear Sir/Madam, Sub: - Receipt of Letters of Award (LOA) from National Highways Logistics Management Limited (NHLML), a 100% owned SPV of the National Highways Authority of India (NHAI) under the Ministry of Road Transport and Highways, Government of India for: i) NH-44, Gwalior–Jhansi Corridor, Dabra, Madhya Pradesh ii) NH-752D, Ujjain–Garoth Corridor, Dhanodiya, Madhya Pradesh for Development, Operation and Maintenance of Wayside Amenities on Lease Basis (DBOT). Ref: - Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, we hereby inform you that PVV Infra Limited (“the Company”) has received two (2) Letters of Award (LOA) from National Highways Logistics Management Limited (NHLML), a 100% owned Special Purpose Vehicle (SPV) of the National Highways Authority of India (NHAI) under the Ministry of Road Transport and Highways, Government of India, dated Thursday, July 30, 2026, for Development, Operation and Maintenance of Wayside Amenities (WSA) on National Highways in the State of Madhya Pradesh on a Design, Build, Operate and Transfer (DBOT) basis, with a combined Annual Lease Rent of ₹2,49,44,950/- (Rupees Two Crore Forty-Nine Lakh Forty-Four Thousand Nine Hundred and Fifty Only). Details of the Letters of Award are as under: LOA 1 – NH-44, Gwalior–Jhansi Corridor, Dabra, Madhya Pradesh: Particulars Details LOA Reference Number NHLML-WSA0BIDS(INVI)/8/2026/E-3473/408 Date of LOA Thursday, July 30, 2026 Awarded by National Highways Logistics Management Limited (NHLML) — 100% SPV of NHAI Tender ID 2026_NHAI_269742_1 Site NH-44 / Gwalior–Jhansi Road / Km 112+000 / Dabra/ Madhya Pradesh Nature of Award Successful Bidder— Development, Operation and Maintenance of Wayside Amenities (DBOT basis) Annual Lease Rent ₹73,40,000/- (Rupees Seventy-Three Lakh Forty Thousand Only) Development Performance Security ₹36,70,000/- — to be submitted within 30 days of LOA Acceptance Timeline Within 7 days of issuance of LOA Agreement Timeline Within 10 days of submission of Performance Security LOA 2 – NH-752D, Ujjain–Garoth Corridor, Dhanodiya, Madhya Pradesh: Particulars Details LOA Reference Number NHLML-WSA0WEST(MISC)/1/E-3410/409 Date of LOA Thursday, July 30, 2026 Awarded by National Highways Logistics Management Limited (NHLML) — 100% SPV of NHAI Tender ID 2026_NHAI_274049_1 Site NH-752D / Ujjain–Garoth / 46+400 / LHS / Dhanodiya, Madhya Pradesh Nature of Award Highest Bidder — Development, Operation and Maintenance of Wayside Amenities (DBOT basis) Annual Lease Rent ₹1,76,04,950/- (Rupees One Crore Seventy-Six Lakh Four Thousand Nine Hundred and Fifty Only) Development Performance Security ₹88,02,475/- — to be submitted within 30 days of LOA Acceptance Timeline Within 7 days of issuance of LOA Agreement Timeline Within 10 days of submission of Performance Security Location Significance of Site-NH-752D, Ujjain–Garoth Corridor, Dhanodiya, Madhya Pradesh: The Dhanodiya wayside amenity site is situated on the NH-752D Ujjain–Garoth corridor in proximity to Ujjain, one of the four sacred cities of India and home to the revered Mahakaleshwar Jyotirlinga. Ujjain is scheduled to host the Simhastha Purna Kumbh Mela in 2028, one of the largest religious and cultural gatherings in the world, which is expected to attract significant pilgrim and tourist traffic to the region. Additional Bids in Process: In addition to the two LOAs received above, the Company had also submitted bids for 4 (Four) WSA sites across the states of Andhra Pradesh and Uttar Pradesh, under tenders issued by NHLML. These bids have been technically qualified and the financial bid opening is awaited. The bids were submitted under the authority of a Power of Attorney granted to Mr. Shubh Ganguly, Managing Director (DIN: 01229359), as the authorized signatory for all NHLML WSA bidding processes. The results of the said bids have not been disposed of as on the date of this disclosure. The details of these 4 pending bid sites are as under: Sr. Site / Highway Section State Location 1. Bengaluru–Chennai / BCE2 / Phase II Andhra Pradesh Baireddipalle / Km 92+320 / LHS 2. Bengaluru–Chennai / BCE2 / Phase II Andhra Pradesh Baireddipalle / Km 92+320 / RHS 3. Delhi–Dehradun / Saharanpur– Uttar Pradesh Saharanpur Ganeshpur / Km 38+000 / LHS 4. Delhi–Dehradun / Saharanpur– Uttar Pradesh Saharanpur Ganeshpur / Km 38+300 / RHS The Company will make necessary disclosures under applicable laws upon receipt of the outcomes of the above bids. The Company intends to expand its participation in the WSA infrastructure segment. Revenue from the projects will depend on successful development, operation and utilization of the facilities in accordance with the concession terms. The Company has submitted bids for four additional WSA sites, the Company has positioned itself as an active participant in India’s national highway wayside amenities program spanning Andhra Pradesh, Madhya Pradesh and Uttar Pradesh. This disclosure is being made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026. This is for your information and records. Thanking you, Yours faithfully, For PVV Infra Limited Akhilesh Kumar Company Secretary & Compliance Officer