Highway Infrastructure Ltd receives LOA worth ~Rs. 25 Crores for Toll Operations Contract by NHAI

Highway Infrastructure ("HIL"), an integrated infrastructure development and management company with strong capabilities across Toll Operations, EPC Infrastructure and Real Estate, is pleased to announce that it has received the Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI). The contract pertains to the operation of user fee collection and upkeep of facilities on a section of the Eight-lane Access Controlled Expressway between Laban Village (Bundi District) and Gopalpura Village (Kota District), Rajasthan, covering Km 337.171 to Km 417.810 under packages 12 to 14 of the Delhi-Vadodara Expressway (DVE).

The LOA valued at Rs. 25.26 crores was received on October 13, 2025, through a competitive etendering process. The scope of project involves toll fee collection, operation and maintenance of adjoining amenities, including toilet blocks and consumable replenishment, for a period of 90 days.

Speaking on the development Mr. Arun Kumar Jain, Managing Director, Highway Infrastructure Limited said: "We are pleased to received LOA by NHAI for tolling and maintenance operations on one of India's key access-controlled expressways. This will further strengthen our position in the toll management segment and reflects our consistent execution track record across national highway projects. With our robust order book of Rs. 778 crores we remain well-positioned to deliver sustained growth and value creation."

Shares of Highway Infrastructure Limited was last trading in BSE at Rs. 78.51 as compared to the previous close of Rs. 80.29. The total number of shares traded during the day was 55386 in over 844 trades.

The stock hit an intraday high of Rs. 83.16 and intraday low of 77.80. The net turnover during the day was Rs. 4488631.00.

Source : Equity Bulls

Keywords

HighwayInfrastructure INE00RL01028 RoadAssets Toll Hybrid Annuity LoA NHAI