Highway Infrastructure Wins ₹117.6 Million Road Project For Ujjain-Garoth Section

  Highway Infrastructure Ltd has officially secured a ₹117.6 million order for construction work on the Ujjain-Garoth road corridor, as confirmed by a regulatory disclosure on the National Stock Exchange (NSE). The company received a Letter of Acceptance (LoA), formalizing its successful bid for the project. This development reinforces Highway Infrastructure’s growing presence in central India’s transport infrastructure sector.  

Key Highlights:  
- Project scope includes construction and improvement of the Ujjain-Garoth section, a vital regional connector  
- The ₹117.6 million order adds to the company’s active execution portfolio  
- The LoA confirms Highway Infrastructure’s selection through a competitive bidding process  

Notable Updates:  
- The project is expected to improve freight and passenger movement across Madhya Pradesh  
- Timely execution could position the company for future tenders in the region  
- The order aligns with national infrastructure goals under the Bharatmala initiative  

Major Takeaways:  
- Strengthens Highway Infrastructure’s footprint in government-backed road development projects  
- Enhances visibility in the central Indian infrastructure corridor  
- Supports long-term revenue growth and operational scale  

Source: National Stock Exchange (NSE) Circular