The various embodiments herein provide a system and method for managing information display for vehicles on cross roads. The system includes at least one panel to display a traffic regulatory information and advertisements, a central server, a programmable logic controller (PLC) connected to the central server, a plurality of sensors to detect the at least one panel position and any moving foreign objects. A display unit is managed online from a traffic control center to receive and display a real-time traffic information and a plurality of timers are provided for calculating a time schedule information of the traffic lights based on the traffic. The sensors control and transmit the time schedule information to the PLC. The time schedule information and traffic algorithms are transmitted by the PLC to a central control system for processing and estimating an optimum time schedule of traffic lights.