The contract covers planning, design and construction of infrastructure under Phase I of the establishment of the CISF 12th Reserve Battalion at Village Jamunia Talab in Sehore district. The work will be carried out under Engineering, Procurement and Construction Mode-I.
The company said the contract was awarded by a domestic entity. It added that neither its promoters nor its promoter group had any interest in the awarding entity, and that the contract did not constitute a related-party transaction.
The order follows a separate award received by Highway Infrastructure from the National Highways Authority of India (NHAI) in October. That Letter of Acceptance, valued at Rs. 3.4 bn, covers operation of the Palayam fee plaza in Tamil Nadu for one year.
Under the NHAI contract, the company will engage a user fee collection agency through competitive electronic tendering for the Palayam Fee Plaza on National Highway 44, covering the Krishnagiri-to-Thirumangalam section. The arrangement is based on a build-operate-transfer model and also includes the upkeep and maintenance of adjacent toilet blocks, along with replenishment of consumable items.
NHAI issued the Letter of Acceptance for the toll operations contract on October 23, 2026. Highway Infrastructure stated that the award was made by a domestic entity, with no interest held by its promoter or promoter group companies in the awarding entity. It also confirmed that the contract was not a related-party transaction.
Shares of Highway Infrastructure closed at Rs. 72 on the BSE on November 4, 2026, gaining Rs. 2.26, or 3.24 per cent, from the previous close.