Highway Infrastructure Limited Debarred by NHAI for Three Months

Highway Infrastructure Limited (NSE: HILINFRA; BSE: 544477) has informed the stock exchanges of a significant regulatory development involving the National Highway Authority of India (NHAI). In a filing dated April 9, 2026, the company disclosed that it has been debarred from participating in future NHAI tenders for a specific period following a management decision regarding a recent contract.

Withdrawal of Venkatapalem Fee Plaza Contract

The company had previously received a Letter of Acceptance (LOA) from NHAI for the operations of the Venkatapalem Fee Plaza in Andhra Pradesh. However, the management has now decided to withdraw from this project and has not accepted the LOA.

Regulatory Action and Impact

As a direct consequence of the non-acceptance of the LOA, NHAI has taken the following enforcement actions:

Debarment: The company, including all its directors and owners, has been removed from the list of pre-qualified bidders for NHAI projects.

Duration: The debarment period is set for three months.

Operational Impact: During this three-month window, Highway Infrastructure Limited is ineligible to participate in any new tenders issued by NHAI, which may impact its short-term project pipeline in the infrastructure sector.

Shares of Highway Infrastructure Limited was last trading in BSE at Rs. 50.15 as compared to the previous close of Rs. 50.20. The total number of shares traded during the day was 13452 in over 608 trades.

The stock hit an intraday high of Rs. 51.00 and intraday low of 49.51. The net turnover during the day was Rs. 676087.00.

Source : Equity Bulls

Keywords

HighwayInfrastructure INE00RL01028 RoadAssets Toll Hybrid Annuity Debarred NHAI