Indian Highways Management Company Limited (IHMCL) was incorporated on 26.12.2012 under the businesses Act, 1956.

It was incorporated to hold out Electronic Tolling and other allied works by NHAI jointly with its Concessionaires and Financial Institutions.

The shareholding pattern of stakeholders is NHAI-41.38%, Concessionaires-33.81% and Financial Institutions 24.81%.