Dhruv Consultancy Services Limited has officially received its empanelment order from the Brihanmumbai Municipal Corporation (BMC) as a Project Management Consultant (PMC), marking a significant milestone in the company's municipal infrastructure portfolio. The empanelment order, numbered Ch. Eng./9644/Roads & Tr, was received on April 1, 2026, formalizing the five-year engagement.

Official Empanelment Details

The company has disclosed the empanelment under Regulation 30 of the SEBI Listing Regulations to both BSE and NSE. The formal communication confirms Dhruv Consultancy Services' selection pursuant to the Request for Proposal (RFP) process for comprehensive municipal infrastructure services.

Scope of Services

The empanelment covers two critical areas of municipal infrastructure development. The company will provide design services for municipal roads, pavements, and underground utility ducts, while also ensuring comprehensive quality assurance and quality control for various roads and trench works across Mumbai.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI Listing Regulations by informing both stock exchanges about this material development. The disclosure was made to BSE Limited (Security Code: 541302) and National Stock Exchange (Scrip Symbol: DHRUV) as required under Regulation 30.

Strategic Impact

This official empanelment establishes Dhruv Consultancy Services as a recognized infrastructure consultant for one of India's largest municipal corporations. The five-year duration provides revenue visibility and positions the company as a key participant in Mumbai's urban infrastructure development initiatives. The comprehensive scope covering both design and quality management services demonstrates the company's technical capabilities in municipal engineering projects.

Dhruv consultancy Services Limited has secured a significant infrastructure consultancy project from the National Highways Authority of India (NHAI), marking another milestone in the company's project portfolio. The Letter of Award was issued on March 19, 2026, for consultancy services related to highway capacity augmentation in Uttar Pradesh.

Project Details and Scope

The company has been appointed to provide consultancy services for preparation of Detailed Project Report (DPR) for the capacity augmentation of Varanasi-Jaunpur-Sultanpur-Lucknow stretch in the state of Uttar Pradesh. This project will be executed in association with Artefacts Projects Limited, demonstrating a collaborative approach to infrastructure development.

Financial and Contractual Terms

The project carries a total consideration of Rs. 3,94,88,232, which translates to Rupees Three Crore Ninety-Four Lakhs Eighty-Eight Thousand Two Hundred Thirty-Two only, excluding GST. The contract follows general contract conditions as specified by NHAI for such consultancy assignments.

Implementation Timeline and Requirements

The project is scheduled for completion within seven months from the commencement date. As per the terms of the Letter of Award, Dhruv Consultancy Services Limited is required to furnish the Performance Security within 15 days of the LOA issuance, ensuring compliance with NHAI's standard procedural requirements.

Regulatory Compliance and Disclosure

The company has made this disclosure in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project qualifies as a material event requiring disclosure to stock exchanges, reflecting the company's commitment to transparency and regulatory compliance.

This highway infrastructure project represents Dhruv Consultancy Services Limited's continued involvement in India's road development initiatives, particularly in the strategically important Uttar Pradesh corridor connecting major cities including Varanasi and Lucknow.