Dhruv Consultancy Services has secured a Letter of Award from National Highway Logistics Management Limited (NHLML) to develop, operate, and maintain wayside amenities on National Highway-52 in Maharashtra. The 15-year lease contract, received on June 1, 2026, marks the company's entry into the infrastructure segment, expanding its existing business portfolio. The project involves the development of amenities at the Karodi-Telwadi/Verul site under the Project Implementation Unit Aurangabad.

The appointment follows a tender process (Tender ID: 2025_NHAI_241953_1) for seven rebid operation and maintenance sites. Dhruv Consultancy Services is required to furnish a performance security deposit within 30 days of the Letter of Award issuance. The lease duration spans 15 years from the date of the agreement, which includes an 8-month rent-free development period.

The financial terms of the agreement stipulate an annual lease rent of ₹64,80,000 payable to NHLML. The contract was awarded via Letter No. NHLML-WSA/10/2025-NHLML_WEST/E-2239/306 dated May 26, 2026. The company confirmed that the order has been awarded by a domestic entity and does not involve any related party transactions.

The disclosure was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that neither the promoter group nor group companies hold any interest in the entity awarding the contract.

Project Details

Dhruv Consultancy Services Limited has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for consultancy services. The contract, valued at ₹8.01 crore excluding GST, was awarded on May 21, 2026, and received by the company on May 22, 2026. The appointment was made under a joint bidding agreement with Yongma Engineering Co. Ltd and Innovative Engineering Advisory LLP.

The project entails providing consultancy services for the Authority Engineer for the construction of a 6-lane elevated corridor. This corridor will span from KM 612+582 to KM 617+540, including the construction of service roads in Kolhapur city on NH48 in Maharashtra. The work will be executed on an EPC mode under NH (O).

The company is required to furnish a performance security deposit within 15 days of the LOA issuance and complete the contract agreement as per the bid document. The total duration of the project is set at 96 months. The order was awarded by a domestic entity and does not involve any related party transactions.

Project Details

The company confirmed that neither the promoter group nor group companies hold any interest in the entity awarding the order. The transaction is not classified as a related party transaction.