Indore, Oct. 28 -- Highway Infrastructure Limited (BSE: 544477 | NSE: HILINFRA) has secured two user fee collection contracts from the National Highways Authority of India (NHAI), together worth about Rs.431.86 crore. The Palayam Fee Plaza contract, valued at Rs.340.08 crore, is the highest-value contract awarded to the Company to date. At its meeting on 14 October 2026, the Board also approved a preferential issue of warrants to the promoter group, an increase in authorised share capital, and the acquisition of a controlling stake in Indore Highway Real Estates Private Limited.

Two NHAI orders worth Rs.431.86 crore

NHAI, a domestic entity, awarded the contracts through competitive E-Tender for the operation and collection of user fees ...