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EMS Limited Gets ₹28.39 Crore NHAI Work Order in Gujarat

Written by: Team Angel OneUpdated on: 31 Aug 2026, 9:28 pm IST
EMS Limited has received H-1 bidder status from NHAI for collecting user fees at Varshamedi Fee Plaza in Gujarat. The work is worth about ₹28.39 crore and will run for one year.
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EMS Limited has received Highest Bidder (H-1) status from the National Highways Authority of India (NHAI) for a work order in Gujarat. The company will handle user fee collection at Varshamedi Fee Plaza on NH-341.  

The fee plaza is located at Km 13+125 on the four-lane NH-341 route connecting Bhimasar Junction to Anjar-Bhuj and the Airport Junction.  

Order Worth ₹28.39 Crore 

The estimated value of the work is around ₹2,838.88 lakh, or ₹28.39 crore, excluding TCS. The company is expected to complete the work over a period of one year.  

What EMS Will Do? 

EMS will be responsible for collecting user fees at the Varshamedi Fee Plaza through competitive bidding and e-tendering. 

The work will also include the upkeep and maintenance of nearby toilet blocks, along with providing the required consumable items.  

NHAI Is the Awarding Authority 

The work has been awarded by the National Highways Authority of India and is classified as a domestic order. EMS has received H-1 status and said it will provide further updates once it receives the formal Letter of Award (LOA).  

EMS has confirmed that its promoters, promoter group and group companies do not have any interest in NHAI. 

The company has also said that the order does not fall under related-party transactions.  

 

Read More: India Signs Agreement With US To Procure Javelin Anti-Tank Missile System for Army! 

EMS Share Price Performance 

As of August 31, 2026, at 3:00 PM, EMS share price is trading at ₹375.55 per share, reflecting a decline of 0.61% from the previous trading session. 

Conclusion 

The NHAI order adds another project to EMS Limited's work pipeline. The company will handle toll collection and maintenance work at Varshamedi Fee Plaza for one year. The order is worth around ₹28.39 crore, and EMS is expected to receive the formal Letter of Award as the process moves ahead.  

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Aug 31, 2026, 3:58 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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